GM might move to CHINA? WTF
"Now facing bankruptcy, GM has an opportunity to shift its operations to China, its fastest growing and most profitable market. The company is already attempting to move its manufacturing operations to the Asian powerhouse, and that has given rise to speculation that it will move its headquarters as well.
Of course, if GM – which has already received $15.4 in government loans – were to pick up stakes, the political fallout would be epic. What could be more “un-American” than a 101 year-old American automotive company that’s being propped up by taxpayer dollars moving to a communist nation?
But the reality is that American consumers aren’t buying GM vehicles and Chinese consumers are. That means if the company is going to remain viable, China, not America, is GM’s land of opportunity."
Full article here
THAT would suck ass...We're losing enough money just from outsourcing. Now we're going to start losing American companies to Asia? That's nuts!
I think the government needs to step in and impose steep tariffs on companies that outsource shit instead of giving the job to local people.
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