05-13-2006, 07:05 PM
Add this to the growning number of areas that could take down the US Economy, thus the world economy. There isn't a day that goes by that I don't read about more jobs leaving or bankruptcy threats.
I think the car industry could take the hit before housing. But it seems that GM is pulling around farily quickly, they already posted a profit this Q1. But the other problems are the suppliers, if suppliers go out, it hurts, GM, Ford, DCX (Chrysler), and Toyota HARD.
I think the car industry could take the hit before housing. But it seems that GM is pulling around farily quickly, they already posted a profit this Q1. But the other problems are the suppliers, if suppliers go out, it hurts, GM, Ford, DCX (Chrysler), and Toyota HARD.