I'll bet this goes to the largest thread in record time.

http://www.huffingtonpost.com/jane-hamsher...b_b_144920.html

 

Won't happen.

 

I'd like to see how the Chinese deal with the unions

 

the chinese don't deal with unions, ever bought a pair of nike shoes with a finger sewed into it , he was in the union

as far as the chinese buying the big three,it'll never happen ,
our great government( )wouldn't allow it,
besides that would you actually want to buy a product with lesser quality standards then they already have?

 

I think we answered that when we bought a Honda

 

How will the govt stop the sale? Remember this is a country supposedly founded on private enterprise.

This is actually part of what I figured would happen after the bankruptcy. New money from various sources rushing in to fill the void.

And this wouldn't be the first time foreign investors have bought car companies, witness the British auto industry. The British auto industry is a good analogy for our present woes. If you refuse to change then sometimes things are changed for you.

I'm really surprised that more people aren't incensed over this.

Based upon the other Big 3 threads and the Chinese crap threads I thought this would start a fire storm.

 

This issue is pretty similar to Great Britain after the World War II. GB was perceived as the most powerful nation with many modern technology industries. In terms of cars, they had Rolls Royce, Jaguar, Land Rover, Lotus, etc. Of course these were the proud of the nation symbol.

Unfortunately, these car manufactures could not survive in the world market. It was either GB government injected the funds to keep them running or sold these pieces to outside world.

Back to USA, if government does want to inject funds to the Big 3, there is no choice except to liquidate them, before each brand has no "saleable" value.

If you think it back again, whoever owns the Big 3, USA is still gaining some credits. Those multi-millions dollars manufacturing facilities, labors, suppliers are still pumping in USA.

Also, if you look closer to Walmart, don't you think all the dollars spent in there are transferred back to China? The worst is none of the production of goods in Walmart is made in USA.

 

 

IBTM

I highly doubt they're gonna bite:

The Chinese just had their own bailout which was 16x the size of ours (as % of GDP). From what I'm to understand, most of that is to try to keep their pre-Beijing-Olympic building streak still going.

It'd make more sense to buy large manufacturing bases, but the construction lobby there is big and powerful.

 

They are supposed to have 3Trillion dollars in liquid funds or surplus or something that is ripe for some acquisitions like this.