“Go broke so my corporate raider friends can buy up GM and sell it for parts”, because all the corporate raiders forgot that you actually have to have someone who WANTS the product you’re selling. Toyota or whoever isn’t going to want GM’s manufacturing arm in America because of those tariffs.
Toyota will want the real estate and factories, at least. One thing we’re still good at in the US is paving over former EPA superfund sites and protected wetlands and cheaply erecting huge, inadequately-ventilated industrial buildings.
“Go broke so my corporate raider friends can buy up GM and sell it for parts”, because all the corporate raiders forgot that you actually have to have someone who WANTS the product you’re selling. Toyota or whoever isn’t going to want GM’s manufacturing arm in America because of those tariffs.
Toyota will want the real estate and factories, at least. One thing we’re still good at in the US is paving over former EPA superfund sites and protected wetlands and cheaply erecting huge, inadequately-ventilated industrial buildings.