Re: Crunching Numbers


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Posted by MoparNorm on Monday, December 15, 2008 at 10:53:43 :

In Reply to: Crunching Numbers posted by copey on Monday, December 15, 2008 at 10:35:31 :

The US Department of Labor lists 107,200,000 Americans working at present. It is estimated that 10,720,000 of them have a direct or associated connection to the auto industry and will be seriously impacted or lose their jobs if Detroit fails.
Wrap your math around that number and you'll begin to see the impact of an America without the Detroit 3.
Keep in mind that the mortgage and banking industry collapsed with only 3% of the loans classified as "sub-prime".



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