I was listening to the financial channel as usual(I want to know how close I am to the soup line) and I heard that General Motors was trying to come out of bankruptcy and even though it lost money they were hopeful for the future because of strong sales in
China. The Chinese market has overtaken the American market and GM has higher sales in China than the U.S. The american consumer is no longer the engine that drives the world economy which was foretold by several pundits which was poo pooed by most of the talking heads.
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