General Motors to go bankrupt?
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skelly
Apprentice
Joined: 26 Jul 2005
Posts: 18
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 Posted: 07/15/08 - 07:05 Post subject: |
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I have recently been looking to start with investments. I have accumulated fair amount of assets and I have looking into the most efficient way to invest. Also, I will be near automobile industry. I would like to know one thing. Will General Motors go bankrupt? Any info will do. It will really mean a lot to me.
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wyatt
Apprentice
Joined: 07 May 2007
Posts: 4
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| Posted: 08/23/08 - 01:57 Post subject: |
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Market as a whole depends on the financial state of its parties. Simply put, when economy is failing, so do many companies, and so does the confidence in them. That leads to smaller stocks trading and that is why stocks are at an all year low level of trading. However, if economy recovers, automatically will stock trading rise. When it comes to GM, they are on the record low, and consumers do not trust them. The story is the same as with the market in general. As GM continues falling, he will have less and less customers and less and less revenue. Bankruptcy is not imminent, but with overall economic state falling, it is a solid possibility.
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