A Comment About

Whither General Motors?

May 12, 2009 - 12:43 am - by Ronnie Schreiber
anton
2009-05-12 09:23:55

@7. SteveB/Colorado, good luck with that Nissan, they are not very impressive to me. What kind of Ford did you own? My last Ranger went 287,000 miles before I gave it to a friend, my current one has 146,000 and is running fine. Maybe I’m just lucky.

On the “screw the bondholders” issue, how do you think the Chinese (and other foreign dollar-holders) are veiwing this attitude? I understand that the Treasury is having to offer higher rates to move their paper, are the buyers pricing-in the probability of a “restructuring” of the US debt?