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Originally Posted by NJSPEEDER
you can thank the unions for gm laying people off in the us. there is no reason for any company to pay american labor rates when they can go to a tariff free neighbor and build the same cars for $5-20 cheaper. just depends if you go north or south. unions are weaker in both directions than in the US.
either way, gm fires people and my stock goes up.
later
tim
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i thought their stock had low value & was now being considered a junk bond er something?