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Sunday, November 17, 2024

The Fall of GM – a visual guide

I’d like to welcome Jess to Phil’s Favorites!  Jess’s WallStats provides an assortment of colorful and engaging graphics to help visualize the financial world. – Ilene

The Fall of GM – a visual guide

Courtesy of Jess at WallStats.

Many aspects of this graphic can apply to the rest of the Big Three but I focused on GM since they are in the most dire position.  GM has many woes, the least of which is a shortfall of money, so why do people think that an infusion of cash will do anything but prolong the agony?

So here it is, a visual guide to why GM won’t be around much longer.  Unless ofcourse they can actually form a game plan to get some of these metaphorical shipping containers off their backs.  Another thing I wanted to stress is that the conversation about the decline of General Motors involves singular finger pointing. “It’s the unions”, “It’s management”.  Bottom line is you will need a lot of fingers because the root causes are plenty and the cumulative effect is what’s taking this ship down.

fallofgmwallstats

 

Jess’s WallStats is a new venture by Jess Bachman, the creator of TheBudgetGraph.com and "Death and Taxes". With "Death and Taxes" as it’s flagship product, WallStats.com aims to release new and exciting visual pieces every few months.  A little history…Initially launched as TheBudgetGraph.com, Jess Bachman wanted to create a way to visualize and conceptualize the United States federal budget.  More here.

Check out: 389 Years Ago Poster!
http://www.wallstats.com/389yearsago/
 

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