tag:blogger.com,1999:blog-2761684730989137546.post1761364227698438156..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Toyota Borrows From Japan-Owned Bank to Finance U.S. Car Salesmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-5505170882793207462009-04-14T11:49:00.000-04:002009-04-14T11:49:00.000-04:00Warren,
Yes, just as the French gov't had when it...Warren,<br /><br />Yes, just as the French gov't had when it gave nearly $11 billion to Peugeot-Citroen and Renault.<br /><br />And when demand picks up in the U.S. car buyers will have to put their names on waiting lists to get vehicles (at escalating prices) thanks to the government's steps to make GM and Chrysler "viable," which was nothing more than shrinking our domestic capacity to produce.<br /><br />Bottom line is, Americans will be driving older and less technologically advanced vehicles compared with motorists in the rest of the world. That's the defiinition of a declining standard of living.mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-4825745227559750402009-04-04T09:29:00.000-04:002009-04-04T09:29:00.000-04:00not to mention the BOJ has unlimited Fed dollar li...not to mention the BOJ has unlimited Fed dollar lines to facilitate this!<BR/><BR/>www.moslereconomics.com<BR/>www.mosler2012.comWarren Moslerhttps://www.blogger.com/profile/10482768786644478587noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-78399841706594429572009-04-04T00:20:00.000-04:002009-04-04T00:20:00.000-04:00Is that protectionism ?If GM asked that Japanese b...Is that protectionism ?<BR/><BR/>If GM asked that Japanese bank to provide loans, then the Japanes bank would say no.<BR/><BR/>Therefore, this is in CLEAR violatio of the WTO and should be rejected by all real Americans.<BR/><BR/>This is BUY JAPANESE or more over -BUY JAPANESE because you don't have a choice.<BR/><BR/>Protectionismgoogleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6652566638103997582009-04-04T00:17:00.000-04:002009-04-04T00:17:00.000-04:00any shrinking market will experience price inflati...any shrinking market will experience price inflation later as there will not be enough competition and Toyota will have it easy.<BR/><BR/>The Toyota loss from last year was pure B.S. so that the Japanese could devalue the YEN due to it's surge in last Fall's flight to quality, more over - an exodus.<BR/><BR/>They successfully devalued the YEN and exports are up.<BR/><BR/>They are master magicians and we are heading towards another 80's where they rule the car market.<BR/><BR/>Where's Richie Cunningham and his movie GUNG HO II ?googleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.com