Re: GM Deathwatch
[ QUOTE ]
The future for GM lies in China and Asia in general. A few billion people without cars and growing incomes looks more appealling than our shrinking economies.
[/ QUOTE ]
I would change it to say a few billion people who will work for less than a dollar a day. That's why the future of American industrial effort, large and small, lies in Asia and India. The labor* is just too cheap to ignore.
*And the lack of environmental regulation, worker protections or strict oversight of any kind--except over who is getting the money.
|