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The Last American Car

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Old Dec 22, 2005 | 08:53 AM
  #16  
soul strife's Avatar
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Joined: Apr 2005
Posts: 824
From: North of Cincy
Re: The Last American Car

A lot of capital has re-entered the US market recently because European economy has stagnated so bad and the US economy is doing much better then many would have thought.[/QUOTE]

Very true. 5 years until now the European economy has been on the rise and is now faulting some-what. People/Corp. with BIG money put their money in stable market (This is another story). Anyway, if the big 3 go down, expect a recession. These inovations are not here yet. We as a country are in a transitional phase for workers of skill.

When it comes to producion and wages. Europeans get paid well and so do the Japanese. The Americans are not greedy, lazy workers (the average American worker, works 50hrs. a week. The largest number in the world).
The wage differance comes mainly from plants in low income countries, however, quality usually suffers from the citizens in poverty due to lack of education.

Come on guys. This is a fictional story yet, has some truth to it.
Old Dec 23, 2005 | 07:39 AM
  #17  
SFireGT98's Avatar
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Joined: Oct 2001
Posts: 1,232
From: Orlando, FL USA
Re: The Last American Car

Originally Posted by johnsocal
This paragraph is what makes this make-believe article a little too fictitious. If the American economy ever faltered to the point that we entered into a deep recession or even a depression we would pull the entire global economy down with us. The entire global economy would suffer greatly if the #1 economy in the world went down and so would every automaker around the world (not just GM and Ford).

A lot of capital has re-entered the US market recently because European economy has stagnated so bad and the US economy is doing much better then many would have thought.
Good points all around. This is why Ill never understand the idiots that want GM or Ford to collapse. It would be felt big time in our economy and the after-shock would be felt elsewhere, including Toyota and Hondas homeland of Japan, which has a super brittle economy to begin with.
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