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A Sad Day for Democracy
Message
From
29/12/2007 12:46:55
 
 
To
29/12/2007 11:39:23
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01277721
Message ID:
01278346
Views:
31
>I agree that the U.S. economy will collapse, but I think it will be sooner rather than later and I also think that China will be the cause of it (well the U.S. is the cause but China will be the one to take advantage of the poor decisions made by the U.S. as they have already - they hold our economy in the palm of their hands)

Too bad that corporate greed, and by extension the politicians who could do something about it, rule the day and make it so. Of course it is their fudiciary duty to protect and grow shareholder value that makes them do it. No need to look to the future impact of their decisions because only this quarter's bottom line matters. And anyway, the next person in the CEO chair can worry about that.



>
>SNIP
>>BTW, I didn't say GM has gone the way of the buggy-whip. Just that they are no longer the dominant automaker, as you said yourself.
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