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Auto Industry Bankruptcy Watch

216
CyanSnowHawk5/28/2009 1:18:23 pm PDT

re: #192 FurryOldGuyJeans

It was privately funded and going to have been privately run. The Chinese are becoming more Capitalist as we go Socialist.

Then they will regulate their capitalism out of existence as well. When government control of the media slacks off enough, it won’t take too many of those melamine in the milk stories to have the population clamoring for protection from the big bad industrialists.

Is it just me, or does China’s industry look surprisingly like turn of the 20th Century American industry?