General Motors is likely to fail is the last bad? Haitong Securities: GM appears to be preparing for bankruptcy, and has informed its 1100-odd dealers in the country in the coming Friday not to renew their contracts. GM is in the footsteps of Chrysler, the United States three major auto dealers two bankruptcy, to inventory of the drive to the production has been so tragic, it is sad! The US retail data and unemployment figures were less than expected last week and led to a marked downgrade of U.S. stocks, as a general bankruptcy. However, we also need a calm: since the financial crisis has evolved into an economic crisis, from investment banks to commercial banks to manufacturing, many hundred years old shop was brutally cleaned. What other bubbles are not punctured? Is the failure of the traditional manufacturing industry, the biggest car dealer, the last domino? If so, does that mean the unemployment rate is close to the top? Does it mean that the worst moment for the US real economy is about to pass?
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