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An article in the Financial Times within the past 3 or 4 days identified Turkey as having a borderline inflation problem due to rapid growth of its economy. Meanwhile most of the rest of the world is battling recession and/or stagnation. Even China and Brazil are showing rapid signs of an economic cool down.
I don't know how I feel about possible State onwership of Saab, even the China deals at least had the masquerade of private ownership. This left open the possibility the government may not take too active of a role.
Yeah yeah I know. The US Treasury still has a 30% to 35% ownership position in GM. I am more than mildly surprised the Swedish and Chinese governments didn't openly utilize diplomatic channels to try to force GM's cooperation. Maybe they did so behind the scenes.
posted by 68.43.27...
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- Government of Turkey interested in buying Saab, Dcay, Tue, 20 Dec 2011 11:45:44
- Turkey's economy is growing fast, MI-Roger , Tue, 20 Dec 2011 15:42:31
- Byzantine styling, alluring exotic model names like the, dtech aka cheaptech, Tue, 20 Dec 2011 13:33:15
- sounds like Turkey might be able to gobble Saab up nm, dtech aka cheaptech, Tue, 20 Dec 2011 11:56:05
- Turkish ambassador: Saab CEO called us, JohnA , Tue, 20 Dec 2011 11:53:26
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