ShortFormBlogExpect GM's decision to screw over all sorts of industries

Older: GM: What’s a good way to clear car inventory? Stop making cars.

Newer: OK guys, we have a theory on what killed those polo horses.

Older in Biz, Politics: GM: What’s a good way to clear car inventory? Stop making cars.

Newer in Biz, Politics: Advertising, newspapers, Zimbabwe & activism intersect. Whoa.

There could be failures in lots of different industries as a result of this. One lost job at GM can result in up to 10 lost jobs elsewhere.
Mark Zandi • Chief economist at Moody’s Economy.com, on the potential mushroom effect this GM taking a break business could have on the freaking economy. We recommend that those 10 lost jobs elsewhere stock up on the Peanut Butter Crunch, because there’s gonna be a run on it because of all the middle aged men watching cartoons on a Tuesday afternoon. • source

Posted by Ernie Smith • Permalink

Posted on April 22, 2009 | tags