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It is clear that the U.S. auto industry has been and is traveling down a path that is unsustainable. Many, many changes will have to be made in order to ensure a viable future for the U.S. auto industry. All the bailouts or “bridge loans” are likely to do is keep putting off the inevitable, and propping up something that isn’t viable or sustainable.

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submitted by: Shana4Liberty   Dec 12, 2008
category: News keywords: bailout, auto industry, government, detroit, automakers
Discuss It!
It's a scary situation, but when bad business decisions are made, then a company should not survive.

It's the nature of the beast.
posted by: RuckeR     Dec 13, 2008

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