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To: rfp1234

For cryin’ out loud why would a car manufacturing giant like Nissan need loans from the taxpayer to produce a car?


10 posted on 02/11/2020 10:15:44 PM PST by jmacusa ("If wisdom is not the Lord, what is wisdom?)
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To: jmacusa

“For cryin’ out loud why would a car manufacturing giant like Nissan need loans from the taxpayer to produce a car?”

Nissan isn’t what it used to be.

https://en.wikipedia.org/wiki/Carlos_Ghosn


33 posted on 02/12/2020 2:51:57 AM PST by Tallguy (Facts be d@mned! The narrative must be protected at all costs!))
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To: jmacusa
For cryin’ out loud why would a car manufacturing giant like Nissan need loans from the taxpayer to produce a car?

Minimal fees, low interest rates (2-4%), up to 25 year term (depending on the estimated useful life of the asset). In other words, cheaper capital than they could get elsewhere.

40 posted on 02/12/2020 5:54:15 AM PST by Go Gordon (I gave my dog Grady a last name - Trump - because he loves tweets.)
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