Here is a really good article on the financial crisis.
This article says you can have any degree and become a stock person. Maybe after I graduate I'll go to NYC and become a hedge funder and after a hard day of shorting stocks I'll do readings, get drunk at the readings and have sex with zachary german.
They cured AIDs
This is on the car companies
Concerning the car companies here is my opinion, it is not an expert opinion, I'm only an expert the Dostoevskian Arts.
If our economy is downsizing to match the world's slowly declining rate of oil production than it makes sense that a car company would collapse.
The oil producing countries have said that the world will be producing a little less oil every year, which makes sense that oil using things would slowly dissapear from the market.
That also implies that plastic eye glasses and plastic baggies will slowly disappear.
If we Americans are buying less 'new' cars then it makes sense that a company has to disappear and the companies that remain get the new sells and can make their companies make money.
That's simple capitalism.
There doesn't need to be three giant car companies, only two.
If the federal government does give them a bailout, I want agreements signed that they will little tiny european looking cars that get good gas mileage. If they give them a bailout and still sell stupid giant SUVs then it will be stupid.
There is a problem with selling small cheap cars though: a car company makes a lot more money selling trucks and SUVs then it does selling small cars. Also Ford and GM have a shitload of little factories producing seats, headlights, wires etc, and the main assembly plants employing thousands that are involved in producing giant trucks. If the car companies are focused on only producing a few small vehicles then it still has to send a million or two home.