"SHANGHAI (Reuters) - General Motors said on Sunday it has agreed to set up a light commercial vehicle production venture with major Chinese automaker FAW Group, with total investment of 2 billion yuan ($293 million)."
A bankrupt company taking money from the US government; money which the US government acquires by selling US debt to the Chinese whereby the future generations of the Americans are left to pay the interest.
Debt is future consumption pulled forward to the present. The result is less consumption in the future or default because--- nothing is growing faster than debt.
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