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[Entwood]

http://www.bbc.co.uk/news/business-25309673

[05omegav6]

Overvalued stock

[albitz]

The sensible thing would have been to have hung onto the stocks until the price rose sufficiently for them to at least have got their money back.
The only two reasons which spring to mind which would prevent them doing that is that they need the money desperately,or they don't epect the price to rise in the foreseeable future. Not a good omen in either case.

[05omegav6]

All the talk of Chevrolet pulling out of Europe and Holden shutting its doors can't be doing the stock any good

Can see Buick being axed in the next couple of years...

[albitz]

Perhaps we are seeing the beginning of the end of globalisation ? 

[05omegav6]

That could be interesting...

Where would that leave the likes of China with their cheap exports

[Sir Tigger KC]

Some more information from Bloomberg.

" A total automobile-industry shutdown from a liquidation of GM and Chrysler would have cut 2.63 million jobs from the U.S. economy in 2009, according to a study released today by the Center for Automotive Research. The bailout saved or avoided the loss of $105 billion in transfer payments and the loss of personal and social insurance tax collection in 2009 and 2010, according to CAR. "

" The auto bailout will rank as “one of the most important interventions, maybe the most important, in U.S. economic history,” Sean McAlinden, CAR’s chief economist, who led the analysis, said today in a telephone interview. Without it, “the upper Midwest would still be a gaping, double-digit unemployment hole in the economy, 600,000 retirees would’ve lost their pensions.” "


So basically they reckon that although the government lost $11 billion, it would have cost a hell of a lot more had they allowed GM to fail.

The general tone of the article is optimistic And says that with the stock rising and new models the future is good for GM. 

http://www.bloomberg.com/news/2013-12-09/gm-bailout-ends-as-u-s-sells-last-of-government-motors-.html

[albitz]

With a burst bubble presumably. The U.S. is showing signs of being in serious decline imo, which is a worry. If the trend isn't reversed and China keeps growing we in the west are in for a bumpy ride.

[Rods2]

The US will be fine now they have cheap oil and gas through fracking, expect it to power ahead especially in high energy usage industries like steel making, petrochemical, cement and car manufacturing.  There is over $30 billion of investment going into onshoring at the moment where no other country in the world can compete with their cheap energy prices.

3D printing is going to have a massive impact on the consumer. In a few years it will be common when you need a spare plastic part to just download the design and print it, where will this leave Chinese pattern parts and Fleabay? 

The EU and UK with our green policies are generously happy to de-industrialise so our heavy energy intensive industries and the jobs are located in the US and China so they emit the CO2 instead. 

[cem_devecioglu]

before asking for bail out gm  must stop selling cheapo crap ..  if they continue like this they can suck whole US resources and still stay bankrupt!

[Jusme]

Sorry this isn't exactly 'on-topic', but, 3D printing is going to have a massive impact on the consumer. In a few years it will be common when you need a spare plastic part to just download the design and print it,  as is well known I am extremely technically challenged, my question is. How on earth do you print your plastic part out of 'thin air'? Even the technically challenged realise, to create plastic, or whatever material, you must have plastic/wood/metal etc.. 

[MR MISTER]

Sorry this isn't exactly 'on-topic', but, 3D printing is going to have a massive impact on the consumer. In a few years it will be common when you need a spare plastic part to just download the design and print it,  as is well known I am extremely technically challenged, my question is. How on earth do you print your plastic part out of 'thin air'? Even the technically challenged realise, to create plastic, or whatever material, you must have plastic/wood/metal etc.. 

Yep. Printer uses plastic. How else....?

[Sir Tigger KC]

I think putting it simply.  The printer builds up the printed item layer by layer with liquid plastic that rapidly sets..... 

It's one of those things that we'll probably saying " I wish I'd got into 3D printing 5 years ago.... " 

[MR MISTER]

I think putting it simply.  The printer builds up the printed item layer by layer with liquid plastic that rapidly sets..... 

It's one of those things that we'll probably saying " I wish I'd got into 3D printing 5 years ago.... " 

Can you print a 3D printer?

[Sir Tigger KC]

I think putting it simply.  The printer builds up the printed item layer by layer with liquid plastic that rapidly sets..... 

It's one of those things that we'll probably saying " I wish I'd got into 3D printing 5 years ago.... " 

Can you print a 3D printer?

Only if you have a 3D printer......

If you have a 2D printer you could print a picture of a 3D printer.......

and sell it on ebay!