Every body will be affected by this,wether you work in the industry or not
Yes the bankrupty of any of the big 3 will cause upheaval in the industry with job loss and such. But the auto industry has been in the same balloon blowing contest as the financial institutions and a host of others. How can you keep pumping out more and more vehicles in a basicly saturated market, and on top compete with cheaper foreign vehicles.Over production of cars and such has the same effect as overproduction of hogs and beef.Ask any farmer wath happens next.
It has been proven many times,YOU CAN NOT BORROW YOURSELF OUT OF DEBT.
Some one will pick up these company[s] for a dime on the dollar and be back in business again,altough a lot of people will have to find other work
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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