28. "This speaks to being overleveraged" In response to In response to 23
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.