http://howtogobankrupt.org/stand-by-and-let-our-industrial-might-go-bankrupt-fall-into-the-hands-of-potential-enemies.htm Mon, 06 Feb 2012 00:00:45 -0500 http://wordpress.org/?v=2.8.6 hourly 1 http://howtogobankrupt.org/stand-by-and-let-our-industrial-might-go-bankrupt-fall-into-the-hands-of-potential-enemies.htm/comment-page-1#comment-4776 Maya R Mon, 04 Jan 2010 21:37:21 +0000 http://howtogobankrupt.org/stand-by-and-let-our-industrial-might-go-bankrupt-fall-into-the-hands-of-potential-enemies.htm#comment-4776 You let your eyes off the ball. The British lost all their car makers, mostly because they were uncompetitive and Maggie Thatcher had them sold off. The only way you can counter the scenario you are suggesting is to nationalise them, which of course brings you a step closer to socialism.(You did it for the banks!) Alternatively, you can stick to the free market system that you wanted us in the developing world to follow, and dismantle GM, Ford, etc etc. You can't really compete in the world you have helped create. No going back now. Look for some humanitarian buyers and hope they will not sack the security guys who will guard the empty factories. You let your eyes off the ball.
The British lost all their car makers, mostly because they were uncompetitive and Maggie Thatcher had them sold off.
The only way you can counter the scenario you are suggesting is to nationalise them, which of course brings you a step closer to socialism.(You did it for the banks!)
Alternatively, you can stick to the free market system that you wanted us in the developing world to follow, and dismantle GM, Ford, etc etc. You can’t really compete in the world you have helped create.
No going back now. Look for some humanitarian buyers and hope they will not sack the security guys who will guard the empty factories.

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