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If someone could edit the title to make the 1000 a 10,000 I'd be much grateful.
One year from today will we be talking about the former General Motors?
If American car makers can't finance cars, and at very sweet rates, too, can they really sell enough cars (in a consumer depression economy ) to stay afloat for one more year?
I doubt it.
Remember when the quip used to be what is good for General Motors is good for America?
Well, folks to great extent that is still true.
Consider not only General motors, but all the companies making their parts, and all their dealers, and GM finanical services, too.
Consider the fact that we are witnessing the decline in housing market and the auto market at the same time.
All I know is I sure picked a lousy time not to be independently wealthy.
The DJI really doesn't mean anything. especially now. Do you really think that all the companies traded on the NYSE are suddenly going out of business?
The truth is you can buy solid dividend paying stocks that could really boost your retirement in the next 25 years.
Good Stocks to Buy Now
Not to worry. A foreign company will buy it up with Dollars they don't want anymore.
Yes, but is GM's management foolish enough to take payment in USD?
I'd hold out for payment in Yauns if I were them.
What? The "Crap Sandwich" didn't work? They said we needed it immediately else suffer market meltdown. I'm shocked that our elected officials would lie to us like that!
I'm Shocked I tell ya!
These are history making days... and not the fun kind!
Amazing - Here's the dow since friday, when the "necessary" bailout was passed.
If someone could edit the title to make the 1000 a 10,000 I'd be much grateful.
One year from today will we be talking about the former General Motors?
If American car makers can't finance cars, and at very sweet rates, too, can they really sell enough cars (in a consumer depression economy ) to stay afloat for one more year?
I doubt it.
Remember when the quip used to be what is good for General Motors is good for America?
Well, folks to great extent that is still true.
Consider not only General motors, but all the companies making their parts, and all their dealers, and GM finanical services, too.
Consider the fact that we are witnessing the decline in housing market and the auto market at the same time.
All I know is I sure picked a lousy time not to be independently wealthy.
The DJI really doesn't mean anything. especially now. Do you really think that all the companies traded on the NYSE are suddenly going out of business?
The truth is you can buy solid dividend paying stocks that could really boost your retirement in the next 25 years.
Good Stocks to Buy Now
Solid advice there SP. Lots of panic created bargains in the market these days, assuming you have spare cash on hand.
Not to mention, should the whole economy actually go down the shitter, how much warmer those over size stock certificates will keep you stuffed inside your clothes instead of the wallet size photos of Ben Franklin you'll trade for them...
-Joe