tag:blogger.com,1999:blog-2948538160252327076.post5772946752957664622..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: The US auto industry - the endgameAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2948538160252327076.post-44458392721066764582009-05-01T08:20:00.000+01:002009-05-01T08:20:00.000+01:00How much do you want to bet that the "recalcitrant...How much do you want to bet that the "recalcitrant Chrysler debtholders" could be so recalcitrant because the debts were insured by AIG, which in turn has been propped up by the US taxpayer?<br /><br />The Law of Unintended Consequences strikes again...Unknownhttps://www.blogger.com/profile/02948105455433369982noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-26513474471103257702009-04-30T21:27:00.000+01:002009-04-30T21:27:00.000+01:00But the bank bailout should not have happened. All...But the bank bailout should not have happened. All businesses should stand or fall by the market. To hell with anything that doesn't make a profit.<br /><br />We have squandered our wealth bailing out the Leylands and now the RBS's of this world. At what point do we learn what any Kebab shop owner knows. No Profit. No Business.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-22575236024769100572009-04-30T15:37:00.000+01:002009-04-30T15:37:00.000+01:00The automotive industry has been selling products ...The automotive industry has been selling products which are very durable on style alone for some time; the durability of these goods means that the market is now much smaller; the shortage of credit likewise means the whole industry and market has to contract. I would guess down to about a third of its present scale in the US.<br /><br />B. in C.Anonymousnoreply@blogger.com