Cameron (distantcam) wrote,
Cameron
distantcam

Market forces at work

GM needs another $5billion if they're going to survive.

http://www.dailytech.com/article.aspx?newsid=14270

Now, I'm not an economics expert, but isn't this just market forces at work? If there's dropping demand for what GM is selling, then how will more money help?

For a country that prides itself on being Capitalist and a free market economy, America does a fair bit of subsidizing of items that cannot compete in a free market.
Subscribe
  • Post a new comment

    Error

    default userpic
    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 4 comments