To put GM failing into perspective, in 1998 during a GM strike that lasted for 3 months, the aggregate US GDP dropped by 1/3rd.
Think about that, its huge, and if GM now goes under completely, the consequences will be profound as it employees close to 1,000,000
The full story is here:
http://business2press.com/2008/11/11/gm-is-a-mess-but-we-still-need-to-bail-gm-out-now/
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