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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (554035)3/9/2010 6:42:27 PM
From: combjelly1 Recommendation  Read Replies (1) | Respond to of 1572777
 
"So because Toyota had problems expanding too fast, you think we can't let GM fail."

Huh? Where did that come from?

"That's where it came from."

The imaginary conversation you were having...

"All your other assertions about GM being "too big to fail" are unproven"

Well, Tenchu, the only way to prove it is to run the risk. Granted, as partisan as you are, you'd love to see the Democrats fail so spectacularly. But for those of us who are less partisan, doing what you can to avoid an economic collapse is good sense...

"It all assumes that the vacuum cannot be filled by an economy as big, resilient, and flexible as ours. That's basically what it boils down to."

I suppose it depends on your time horizon. Certainly, after a decade or more of recovering from the collapse, you'd never know that GM had existed. What is certain is you would have had millions of more people losing their jobs for an unknown period of time. And that isn't something that would breed consumer confidence.