Why?Why would GM sell Hummer, an American symbol, to the Chinese?When Gas was 4 dollars a gallon it was hard to give away a Hummer and when the Economy Recovers around the world gas prices will shoot back up that's part of why GM is in the shape it is today People don't buy auto's that get 18 MPG on The highwayWhy would GM sell Hummer, an American symbol, to the Chinese?
The fall of world demand for Chinese exports because of the contraction of world trade, the flight of foreign capital because of the progressing world bankruptcy and the lack of a developed capitalist domestic market make China vulnerable to the pressures of the world crisis. A turn to develop a domestic market cannot be effectuated without exacerbating all the contradictions between the country side and the cities leading to mass unrest and social explosions. The capitalist restoration process produced super-profits for foreign capital and for the rising local middle class, and the illusion of a China rising to world hegemony later in the 21st century. As the social structure of China is succumbing to the pressures of world crisis, not only past illusions are now has been shattered but also the prospect of a new social revolution in this vast country re-appears in the horizon.
The capitalist restoration process in China played a key role for US imperialism to finance its gigantic deficits and sustain the weak upturn of the world economy in the period 2002-2007. Now the crisis is shattering this US-Chinese economic interconnection with enormous implications both internationally and in China.
We are very happy!Why would GM sell Hummer, an American symbol, to the Chinese?We should be happy that GM found a sucker.
Sorry but the Hummer is not MY symbol of America.
The Hummer is a symbol of the conspicuously overconsuming wastefulness of many Americans.
Let the Chinese have it.Why would GM sell Hummer, an American symbol, to the Chinese?The Hummer is the symbol of America? The Hummer is exactly the problem. Huge gas-guzzling monstrosities used to go to the grocery store or take the kids to school. Building junk like this is the reason GM went under. They are welcome to it.Why would GM sell Hummer, an American symbol, to the Chinese?
I certainly hope the military won't be buying them anymore!! Yikes!!!!!
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The Chinese are holding trillions of Treasury notes, in other words, we owe them, big time.Why would GM sell Hummer, an American symbol, to the Chinese?
Hey, my neighbors Chinese... and I purchased his Hummer off him... shouldn't that make this all even-steven?
The Hummer %26amp; Viper are NOT American symbol's!. Had you said a Ford Pick-up %26amp; Corrvette...I'd be in 100% agreement. Hummer has only been available to the public for a little over 10 years, the Viper didn't come out until the early 90's!!!!
HAHAHAHAHAHA
You think they care about symbols?
They want MOOOOONEEEEY
And Nobody in their right mind is going to keep filling up a freakin' hummer in the US...
CHINA HAS MONEY, WE DON'T
Because, GM is on their way to zero.
Wait for the chinese version of Hummer.
Chinese version Specifications.
Engine: 999cc.
Gears:3.
Seating capacity: 10.
Milege:30kmpl.
Warranty: 2 days.
Suck it, sucker.
er, because they are bankrupt and have no choice, perhaps.
If the Hummer is the symbol of America, then you deserve to lose it. It is a symbol of selfish, ostentatious over-consumption of resources.
And a major reason why GM is going down the pan.
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