03-20-2009, 03:22 PM
I do believe that over a million people would lose thier jobs as a result of GM failing completely, not that it would happen if we left them to fail, but if it did I can easily see a million losing jobs. Think all the dealerships, suppliers (as most suppliers only supply one of the major auto companies for about 80% of their business), direct employees of GM, those of delphi who mostly depend on GM. It would be a pretty big mess, but I do realistically think it would happen. However like you said I can't see someone else not buying them up if it did happen.
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