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GM, UAW – Nothing New
General Motors traded in on its valued brands and reputation, while Japanese and other foreign manufacturers made better cars for less money. The UAW hindered the growth and modernization of GMAC – putting benefits ahead of quality.
Recession & LiquidityMost of us these days hear re-assuring words from some or the other economist or politicians in recent times: “Don’t Panic, India is not in recession as of now, we are far better than other countries”. This is not another Great Depression or recession, the heat of which most of the countries have and are facing. “What have we learned?