Re: (313) Detroit & The Auto Industry

2008-11-13 Thread Cyclone Wehner
Jobs in that industry are going here too. The decline in the automobile industry was happening even before with soaring petrol costs. The American banks have slyly sold on a lot of their debts to international banks, including Australia, which has greater regulation so there's fury here. I am

Re: (313) Detroit & The Auto Industry

2008-11-12 Thread David Armin-Parcells
it is not just the manufacturing jobs that are disappearing, it is all the jobs that we do not associate with the auto industry: accounting firms, advertising firms, legal firms, parts providers, restaurants built near offices etc...etc...etc... almost everything in Detroit touches some aspe

RE: (313) Detroit & The Auto Industry

2008-11-12 Thread Odeluga, Ken
Just very briefly Kent, right now it seems as if there is a burgeoning political consensus to try to ensure that the carmakers don't go bust, as they seem on the brink of doing. Especially GM. What they politicians will do, isn't clear. But it's going to cost! Still, whatever happens - I suspect

Re: (313) Detroit & The Auto Industry

2008-11-12 Thread Martin Dust
As it relates to music, all but the most successful musicians in Detroit have day jobs, and if the economy gets any worse, they're going to have to leave to survive ... I wouldn't say so, all the UK major cities have industries that have crashed and now disappeared. Sheffield, Bradford, Manche