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GM Plant Seized In Venezuela

Discussion in 'Coffee Shack (Daily News/Economy)' started by searcher, Apr 20, 2017.



  1. searcher

    searcher Mother Lode Found Site Supporter ++ Mother Lode

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  2. Professur

    Professur Midas Member Midas Member Site Supporter ++

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    The US beat them by a decade.
     
    Usury, JayDubya and D-FENZ like this.
  3. GOLDZILLA

    GOLDZILLA Harvurd Koleej Jeenyus Midas Member

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    Anyone who puts their business in commie territory deserves exactly what they get.
     
  4. oldgaranddad

    oldgaranddad Gold Member Gold Chaser Site Supporter ++

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    GM probably welcomed it. GM gets the tax write off and extricates itself from a dead market that they were probably contract bound to supply.
     
    madhu likes this.
  5. Alton

    Alton Gold Member Gold Chaser

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    GM leeft the US, killed lots of jobs, took a bailout from uncle scam then opened a plant in China. Plant seized in Venezuala? Hold on.....

    DamnNotGiven2.jpeg
     
    latemetal, ctrl-z and searcher like this.
  6. Goldhedge

    Goldhedge Modal Operator/Moderator Site Mgr Site Supporter

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    Just checked GMs chart...yawn!
     
  7. Ebie

    Ebie Midas Member Midas Member

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    They seized it?
    The normal euphemism is "nationalize" it...
    Did they pay any token amount for it?
    Of fine it and take it to pay the fine?
     
  8. latemetal

    latemetal Platinum Bling Platinum Bling

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    GM will pass the cost on to us, not sure how, but they will.
     
  9. Agavegirl1

    Agavegirl1 Silver Miner Site Supporter ++ Platinum Bling

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    Lets see...GM takes government bailout, sets up overseas production, Detroit becomes a wasteland, my GM stock is forceably sold for virtually nothing to .gov, my tax dollars are used to buy it and I am supposed to care?

    Nahhhh.
     
    latemetal and the_shootist like this.
  10. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    Nailed it!!
     

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