Now even fewer reasons to buy a GM car

[eppie]

I wouldn't jump to that conclusion so quickly, Eppie. There's hundreds of thousands of US blue-collar workers at those plants, and not enough other jobs laying around in those areas to absorb the impact and keep their families' fed. I've lived in a town where a GM plant shut down. Needless to say the entire town economy was destroyed over a slow 5 year period, one that we and many other people didn't stick around for.

Lower prices are great. But lower prices doesn't mean jack if there isn't money in the pocket to buy it.

Cheers,

Munk

Hi Munkay, my last sentence was of course ironic. A global world economy with free trade and all is, I think, a good thing. It however means that there will be a more equal distribution of wealth meaning that the richest countries will get poorer. I don´t see this ending, the only hope I have is that more prosperity for the poorer countries will mean lower birth rates and a stop to the increase of the world population.