PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 11th Nov 2008, 14:17
  #1217 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
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Worlds biggest car company share price (apologies to Toyota):





There is a very real chance of General Motors going bust within weeks or days. 3 million wage packets. Lord knows how many credit cards and mortgages. 5,000 direct employees in the UK alone. If GM went Ford would have to follow.

If this isn't the Big One then it sure does a good impersonation.

What we tend to think of as major airlines are really just small local businesses. Nothing is too big to fail at the moment.

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