Hot Wheels against Hummer
General Motors was founded by businessman William Durant made just 100 years and currently has 327,000 employees, its main brands are Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Oldsmobile, Opel, Pontiac, Saab, Saturn Corporation and Vauxhall Motors. With a very interesting history, came to become the largest corporation registered in the United States in terms of their income in relation to GNP and was the first U.S. corporation to make over 1,000 million dollars a year.
Mattel was founded in 1945 by Harold Matson and Elliot Handler (hence the name "Matt-El") being one of its top selling doll Barbie (born in 1959 and with a boyfriend since 1961) and Matchbox toys and strollers Hot Wheels.
As you can see, two very different and apparently very different in size. A couple of months ago, I read the surprising news that Mattel passing General Motors in market capitalization for the first time. I mean, if you go shopping checkbook in hand, turns out cheaper to buy all the GM that the matrix of Barbie and Kent.
"Hot Wheels and Matchbox toys are low-priced commodities, and attract consumers in the United States and especially in poorer countries that can not possibly buy more expensive toys," he said yesterday in an e-mail Sean McGowan, toy analyst Needham & Co.. in New York and recommended the purchase of shares of Mattel.
While Mattel will start to go things more or less well (despite being in losses), GM is facing its centennial in his situation more difficult.
Currently, General Motors is a company short-lost nearly 10,000 million euros in the second quarter of the year and 26,299 million more over the year 2007 - weighed down by its domestic business, which for decades turned it into a colossus. The address is dumped in a tough program of internal restructuring, both from the plan costs, and from the point of view and from the organizational chart of the product range. Its market capitalization is far from what it means: Today the company is worth just U.S. $ 5633 million (3,807 million euros). Toyota, to name a few, worth 100,000 million, Volkswagen, 70,780 million, the Spanish construction company ACS, 10,128 million, Banco Sabadell, 6487 million.
As you can see, a very worrying situation for which was the largest American company.
If GM has a year and is not at all well, here we have the crisis that turns 1 and remains as strong as the first day, that's what we are told in Cotizalia: No signs of recovery a year after the financial crisis will at worst, and last long.
The financial crisis just completing their first birthday should have ended long time ago, according to forecasts that authorities and analysts have launched during that time. However, the picture is exactly the opposite. There is no sign of improvement, but the indicators suggest a further deterioration after the truce experienced some this spring. And most experts suggest that the situation will worsen still further until it is quite see the light at the end of the tunnel, which is not expected before 2010 at least.
And the truth is that the data coming out every day are not good, today for example we have the Spanish GDP grows one-tenth that between April and June, the lowest rate in 15 years intertrimestrial.
The growth intertrimestrial was two tenths below the increase recorded in the previous quarter and less than eight tenths achieved a year ago, when the Spanish economy grew by 0.9% in the rate intertrimestrial.
Therefore, given the liquidity situation we have, it is best to look for money within the sea: Soros. Html "> Spain takes the helm and decides to plant ahead of the 'cazatesoros'.
"Thanks to our pluricentenaria imperial history, the Spanish heritage is perhaps the largest in the world," explained elEconomista sources from the Ministry of Culture.
That is, folks. Colon us out of the crisis.
Written by Carlos Lopez on August 27, 2008 with 131 points.









(4.67 sobre 5)
# 1, a little crude
So there is no sign of improvement, the patient is bad economics. Because nothing will have to invent ways to increase or at least improve the family income, for which as we all stop buying the liam still more.
Good day