From CNN Money
The Great RecessionEconomists generally agree this is the worst economic downturn since the Great Depression, but they say despite pain, another depression isn’t likely.
Industrial countries are heading for their worst recession sincethe Great Depression, says Michael Spencer
And dozens of others.
Don’t make dumb comments that can be so easily refuted.
One of the better articles on the potential impact of the bankruptcies. http://autos.aol.com/article/auto-industry-bailout-worth-eve/ The auto part suppliers would not have been able to survive without orders from GM and Chrysler. Then they close their doors and those other automakers are forced to import parts raising costs and driving them out of the US.