The Chinese are a lot of things but stupid isn't one of them. China has a war chest full of cash, they own most of our government's debt and still have the most healthy economy on the planet thanks to their ridiculous trade surplus. What will happen if China's fledgling auto industry can buy itself some credibility by purchasing GM or even one of the GM brands?
That may be more scary than 12% unemployment.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment