The consumers can’t really go back to borrowing, can they? Nope. Not without digging themselves deeper in the hole…or actually earning more money.
April 6th, 2010 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "auto industry"
Days of Privatizing Over as Government Takes Charge
In the newspapers there is much discussion of what General Motors should do. This discussion has gone on for many years. Until now, it was a conversation carried on by serious analysts and auto industry experts.
May 5th, 2009 | Bill Bonner | 3 comments | Continued
