XJO 0.84% 8,295.1 s&p/asx 200

friday trading, page-53

  1. 6,757 Posts.
    Whether or not they get bailed out jobs are going to be lost but the flow on effect into the rest of the economy is no-where near as great as they are making out. If people can't buy a Chrysler, they will buy a Toyota. The guys who make brake pads, forge steel and dig iron ore shouldn't experience a net change in demand whatever badge happens to go on the car.

    Of course that's in a perfect world and there will be short term disruptions, but longer term shouldn't make a difference whether or not a particular company survives. That's the law of the jungle in all businesses.
 
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