Quote:
Originally Posted by Sonic dB
THERE ARE NOT ENOUGH CUSTOMERS FOR THE AMERICAN MANUFACTURER'S CARS.
(repeat ad nauseam).
The fact is that the US govt. could give them 10 trillion dollars, and these companies would still eventually go out of business and need more money.
They are:
a) poorly run
b) make poorly designed products that do not keep up with current trends in technology or consumer demand
c) there are not enough customers for the cars that these companies make.
The bailout will not work.
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That is probably truce. Why isn't any of the banks willing to loan the monies to these companies. They analyzed the risks and for the gains it not worth it.