Forum Discussion
Terryallan
Sep 19, 2013Explorer II
Charlie D. wrote:Perrysburg Dodgeboy wrote:
Ford, GM, Chrysler, Toyota, Honda, Kia, Hyundai, Mercedes, BMW etc all make a similar product. If one of those companies goes out of business, their market share is divided amongst the remaining companies."
The Companies highlighted in red ALL received money form their Countries! EVERY LAST ONE OF THEM!
In addition, the companies in red got tens of millions in aid from the states for setting up new factories. I don't see any difference in them than I do GM or Chrysler. It all comes from the taxpayers.
As much as I found it distasteful, IMO, the bailout was the best thing for the economy at the time.
I'm not convinced. The bailout was to keep them from going bankrupt. Which after taking the money. They went bankrupt anyway. Could have saved the money, and let them go bankrupt in the first place, and had the same outcome.
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