Quote:
Originally Posted by Vulcan
My thoughts.
The economy is so intertwined and dependent on each other, that to let it go down would be a small catastrophe. So the governments are gambling on it working so there isn't long term pain, and I hope they win.
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That is a bunch of crap. GM is making stuff people clearly don't want. That, along with poor business practices, AND a slow economy is why they are going under.
So let them go under. We don't need them. Nobody ever said this cycle was going to be easy. Suffer for the short term to fix things for the long term. Simply throwing billions at a company that is going to go under anyways is pointless. And generations down the road our children are going to pay for our government's stupidity.