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General Motors Company Message Board

  • thsykes14 thsykes14 Jan 19, 2013 12:02 AM Flag

    Toyota Motors and Japan move far closer to Bankruptcy

    Toyota Motors, with an Astounding 150 BILLION dollars of debt had better hope that the Bank of Japan's quantitative easing helps it sell cars!! Desperate to move product, manufacturers like Nissan offer incentives on Altimas that dwarf U.S. domestic cars like Fusion and Malibu. Lease deals are at rock bottom prices and likely to move even cheaper as Japan DUMPS product into the U.S. in order to keep cash flow and debt payments moving. Yes, 150 BILLION and no end in sight to TOYOTA debt. 50% higher than the next closest manufacturer!

    AND, Japan continues its generation long efforts to stem its currency's appreciation. Trying to fend off the inexorable currency appreciation that occurs when a country actively pursues a Mercantilist trade policy, Japan's new Prime Minister has pushed for the central bank of japan to print unlimited amounts of currency in order to depreciate the yen and create a target inflation. This is ON TOP of the already back breaking debt load the country currently carries. With household and commercial debt added to the country debt, Japan (with Ireland) is FAR AND AWAY the world's largest debtor as a percentage of GDP. Its debt is over 400% of GDP!!! Nice. Get the point? BANKRUPTCY!

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