A "MUST SEE" VIDEO ON THE IMPACT OF A DETROIT 3 COLLAPSE

http://gmfactsandfiction.com/

"[T]he collapse of the U.S.-based auto industry wouldn't just impact the more than 239,000 Americans directly employed by the Big Three. One out of every 10 people in America is employed in a service that is related to the U.S. auto industry. If a plant closes, so does its suppliers, the local stores, the hot dog vendors, and the local restaurants. The effect would be devastating in ways of which you never have thought:

Nearly 3 million jobs would be lost in the first year alone – with another 2.5 million to follow over the next two years.

Personal income in the United States would drop by more than $150.7 billion in the first year.

The cost to local, state, and federal governments could reach $156.4 billion over three years in lost taxes, and unemployment and health care assistance.

Domestic automobile production would more than likely fall to zero – even by international producers, due to supplier bankruptcies."