I suppose their will be more ink on this, but what the hey, If they can't beat up they buy us.

For those of you that buy GM products because you want to ''buy American'' and save American companies you better watch this and find out how bad you have been duped. :>/

CLICK ON the PURPLE LINK below and open up your eyes……
General Motors is becoming China Motors - YouTube

Please tell me it's all a hoax! FTroopChief

 

GM is not China motors. it is robot motors. Robots do the work. People are too expensive. China leads the world in automation. gary

 

Thats no surprise to me. But don't think it is just limited to GM or just the auto industry.

 

Umm.. who is it that holds the note for the US deficit ? Sounds like the "American" thing to do by our leaders examples.

As of May 2011 the largest single holder of U.S. government debt was China, with 26 percent of all foreign-held U.S. Treasury securities (8% of total U.S. public debt).[67] China's holdings of government debt, as a percentage of all foreign-held government debt, have decreased a bit between 2010 and 2011, but are up significantly since 2000 (when China held just 6 percent of all foreign-held U.S. Treasury securities).[68]