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To: Enigo54
Found this on voat: POTUS brought up the subject of → GM + China so: I might just be a → High School graduate from "Small-town Texas" But even I can see the BS'ery of this picture: (2009 - 2013) [GM] - (Bankruptcy Bail-Out) US Gov. [Net Loss] = [$11.2 billion] (2012) [GM] - (Joint Venture - Chongqing, China) Building Plant = [$1 billion] (2013) [GM] - (GM Announces Plans for 4 New China Plants) = [$11 billion] A company executive sales the U.S. automaker will build four new assembly facilities in China, adding 6,000 workers, by 2015. Chinese authorities will have to authorize the construction of any new facilities, the Detroit Free Press noted. Along with its Chinese manufacturing partners, GM is expected to spend $11 billion over the next three years to increase production capacity in China. In addition to building more vehicles in China, a the GM official noted that the company might consider exporting Chinese-made vehicles to the U.S. ——- I'm a simple anon, please excuse me, but: USA down [$11.2 billion] due to GM. GM spending [$11 billion] in China. Was this just an - IN YOUR FACE - [Transfer of Wealth]?
932 posted on 11/29/2018 3:35:56 PM PST by Califreak (Take Me Back To Constantinople)
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To: Califreak

Great dig!


935 posted on 11/29/2018 3:43:54 PM PST by Enigo54 (Hank Reardon was right)
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To: Califreak

- I’m a simple anon, please excuse me, but: USA down [$11.2 billion] due to GM. GM spending [$11 billion] in China. Was this just an - IN YOUR FACE - [Transfer of Wealth]?
***************************************************************************
Yep - not only closing their plants here, but we are paying for their new plants in China. Talk about getting the shaft-we all are.

I did here on the business news that GM sells more cars in China than in the USA. Well, GM was already near death to me, after the bailout. Now they will be just another made in China product to avoid like the plague.


943 posted on 11/29/2018 4:09:30 PM PST by greeneyes
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To: Califreak

In addition to building more vehicles in China, a the GM official noted that the company might consider exporting Chinese-made vehicles to the U.S.
*************
It’s at this point that there should be a demand that GM pay back all the bailout money they received.


949 posted on 11/29/2018 4:24:37 PM PST by Yulee
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To: Califreak

“I’m a simple anon, please excuse me, but: USA down [$11.2 billion] due to GM. GM spending [$11 billion] in China. Was this just an - IN YOUR FACE - [Transfer of Wealth]?”

FRIKKIN BRILLIANT!


1,026 posted on 11/29/2018 8:16:28 PM PST by bitt ("Let justice be done though the heavens fall".)
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To: Califreak

Sure sounds like an in your face transfer of wealth. GM/Obama take over. I wonder if the unions were in on the take.

” I’m a simple anon, please excuse me, but: USA down [$11.2 billion] due to GM. GM spending [$11 billion] in China. Was this just an - IN YOUR FACE - [Transfer of Wealth]?”


1,031 posted on 11/29/2018 8:31:18 PM PST by outinyellowdogcountry
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To: Califreak

Was this just an - IN YOUR FACE - [Transfer of Wealth]?

~~~~~~~~~~~

Well, that sure sounds like it.

It also sounds like something that socialist mom jeans wearing can’t throw a pitch fake American fake president Ovomit would do just to harm our country.

Want next BOOM to be

#BehindBarsBarry


1,064 posted on 11/29/2018 10:11:00 PM PST by TheTexasMom (Q is my homie)
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