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lancashirelove Posts: 1986 Joined: 18th Feb 2009 Location: UK | quotePosted at 13:46 on 27th May 2009 With GM Motors on the brink of bancrupcy they are selling off their European branch of Opel (Germany) and Vauxhall (England). to the highest bidder. With the German Premier up for election this year it looks like the german Govt. will offer the highest bid in order to save their workers jobs. This means that if this small country of England cant beat that bid there is every chance of germany closing down the Vauxhall plants in England and transfering the work to Germany, meaning the loss of thousands of jobs in the English motor manufacturing industries, and of course the smaller businesses that 'feed' off these plants.
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Debbie Adams Posts: 2043 Joined: 8th Mar 2009 Location: USA | quotePosted at 03:34 on 28th May 2009 Thats sad Michael I hate to hear of so many ppl losing there jobs.;-((( I complain about my job all the time but i am so grateful for having one during these times.So many companies here have gone under even our grocery store chains like Brunos and Superfoods lots of them have closed up.;-(  |
| lancashirelove Posts: 1986 Joined: 18th Feb 2009 Location: UK | quotePosted at 08:50 on 28th May 2009 Yes debbie, A lot of people think its only happening in Britain but it realy is international, and to be honest, to use an old saying 'water finds its own level'. Whenever I've made a finacial dicision in my life, i always said to myself 'can I survive comfortably if this should go wrong?. too many people overcommitted themselves or 'put all their eggs in the same basket' and now theyre suffering. Things will work themselves out in the next few years and hopefully lessons will have been learnt. |
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