27010, This speaks to being overleveraged Posted by M2, Sat Mar-26-05 08:49 PM
A situation many Americans and Corporations are in - now if you want to use GM as a Proxy for a situation many Americans and Corporations are in and say it's indicative of problems that will hit the economy from multiple angles.
Than yeah, I agree - let's go with that.
But GM's stock dropping, they're going to declare bankruptcy and take down the dollar by 90% is a bit fatuous.
Peace,
M2
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