Monday, March 25, 2013

Nice Going Sweden

The Swedish government didn't want to fund, bail out, or buy a car company when Saab was failing and needed to stop production of cars due to lack of cash at a time when simply continuing production may have been enough to keep the company alive for years, but they did use a government guarantee to get a European Investment Bank loan.  Well, that didn't work out so well because now there is no Saab and the Swedish government owns the independent and apparently not so viable Saab Parts AB.  Wouldn't it have been better to keep Saab running, keep the company viable, get the Saab 9-5 SportCombi into production, protect all the jobs, and and maybe have an actual Swedish automotive industry?  I guess not, because now there's no Saab, soon won't be anything Swedish about Volvo, and all of Sweden will be hella fucked.

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