If only this were some stealth plan to wreck the Chinese economy once oil prices break $100/bbl again. But it’s not.
In what is surely a symbolic sign of the self-enslavement of the U.S. economy (and the U.S. consumer) GM is selling its Hummer brand to a Chinese company. Instead, China will probably use its cheaper, more pollution-creating steel to drive down Hummer prices here, addicting more Americans.
No comments:
Post a Comment
Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.