"...the Big Three enjoy remarkably large market caps: $21.5 billion for GM [now under a tenth of that -- SB].... Throw in all the money that has been lent to the companies, and you have to come to the conclusion that either there's an awful lot of stupid money invested in the survival of the U.S. auto industry or the declinists are mere alarmists."
"...the Big Three are unlikely to seal their own near-term doom for the sake of short-term labor peace. It's safe to assume that the companies will gain the upper hand in negotiations ..."
Yeah, why would unions shoot themselves in the foot? And why would GM have anything but a long-term perspective?
"Ford, as Moneybox has described it, is a profitable bank lashed to an unprofitable carmaker."
Now, without the profitable part!
"...it's hard to go out of business when you have a great deal of brand equity, ready access to the capital markets, and the potential to print money when you have the right product mix at the right economic climate."
I really have to hand it to Slate: highlighting an author's unflattering earlier work is quite a selfless, helpful act!
(Cross posted at the ever-more-foot-in-mouth Megan McArdle's blog.)
ROFL = rolling on floor laughing
ROFLcopter = internet meme alluding to mechanization of this phenomenon
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Real estate transactions involve a complex web of stakeholders, including buyers, sellers, real estate agents, mortgage lenders, appraisers, and attorneys. Cooperation and effective communication among these parties are vital for successful deals. Technology has revolutionized the industry, providing online platforms for property listings, virtual tours, and electronic document processing, streamlining the buying and selling process.
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Environmental sustainability has emerged as a pivotal consideration in contemporary real estate practices. As awareness of climate change grows, developers and architects grapple with creating eco-friendly structures that minimize the ecological footprint of human habitation. Green building property pal and sustainable design principles are increasingly integrated into the fabric of real estate development, reflecting a broader societal commitment to environmental stewardship.
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Real estate isn't merely about physical structures—it’s a reflection of societal aspirations, economic dynamics, and human interactions. It weaves together the tangible and intangible, serving as a canvas upon which dreams are realized, investments grow, and communities thrive. Its significance extends far beyond the tangible properties and transactions, embodying the essence of shelter, investment, and human connection.sell your home fast for cash
Within the realm of residential real estate, homes become more than physical structures; they become sanctuaries, encapsulating memories, experiences, and identity. Each house whispers stories of laughter, tears, and milestones, resonating with the lives lived within their walls. Meanwhile, the commercial domain of real estate paints a different picture—a canvas adorned with bustling offices, retail spaces, and industrial complexes. These spaces are the crucibles of innovation, commerce, and industry, where enterprises flourish, serving as the fertile ground for economic growth and prosperity.how to sell your home fast
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Agricultural real estate, while often overlooked in urban-centric discussions, plays a vital role in food security and rural economies. Farmland values are influenced by factors such as commodity prices, weather patterns, and government subsidies. In many regions, farmland is increasingly being viewed as a valuable investment asset, offering diversification and a hedge against inflation. Additionally, the push for sustainable farming practices and organic produce is driving changes in agricultural real estate, with investors and farmers alike seeking to balance profitability with environmental stewardship.Real Estate Agent in San Miguel de Allende
The real estate market operates in cycles, typically characterized by periods of growth, stability, and decline. These cycles are influenced by various factors, including economic conditions, interest rates, government policies, and demographic trends. During a boom, property values rise, and investment in real estate becomes highly lucrative. However, this can also lead to bubbles, where prices become unsustainably high and eventually crash, causing significant economic repercussions. Understanding these cycles is crucial for investors and policymakers to make informed decisions and mitigate risks.
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The advent of technology has brought about profound changes in the real estate industry. Online platforms and digital tools have revolutionized the way properties are marketed and transactions are conducted. Potential buyers can now browse listings, view virtual tours, and even make offers online, all from the comfort of their homes. Real estate professionals use data analytics and artificial intelligence to gain insights into market trends, optimize pricing strategies, and identify potential investment opportunities. Blockchain technology is also making inroads, offering the potential to streamline transactions, enhance transparency, and reduce fraud through secure and immutable digital records.cabinet makers
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