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Wellstone ruled

(34,661 posts)

6. Looks like Ford just pulled a 15.4 billion line of credit

Reply to Demsrule86 (Reply #4)

Sat Mar 21, 2020, 12:00 AM

Mar 2020

Tuesday in order to tide them over for a few months. Ford Motor Credit as well as a couple other wholly owned subsidiaries have cash and lines of credit that can be drawn down. GM,who knows,they seem to be back to their black out reporting once again. As for Chrysler,that one is a crap shoot at best. Fiat parts made in Italy for US and Mexico Assembly plants got to be a choke point.

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My son works for one of the big three in autos...he was sent home today...laid off and [View all] Demsrule86 Mar 2020 OP

Yes. Only much, much bigger. James48 Mar 2020 #1

We're locked into WW3 at this point HarlanPepper Mar 2020 #13

The Trump economy keithbvadu2 Mar 2020 #2

This just got real damn quick. Wellstone ruled Mar 2020 #3

We won't have a job within a week or two at the most...unemployment...but for how long...and the Demsrule86 Mar 2020 #4

Looks like Ford just pulled a 15.4 billion line of credit Wellstone ruled Mar 2020 #6

Every day, it just gets worse. Initech Mar 2020 #5

The economic horridness is just starting uponit7771 Mar 2020 #7

Yup. And the economy has that horrid domino effect. lunatica Mar 2020 #9

Unless we stop shutting stuff down we could be looking at the GREATEST depression Calculating Mar 2020 #8

I expect shooting wars soon HarlanPepper Mar 2020 #10

Let's hope the next Administration has the new shovel ready jobs lunatica Mar 2020 #12

Just think, President Obama handled two pandemics and a near depression and Blue_true Mar 2020 #11