Goodyear ends operations in Venezuela.........

[LongTermGuy]

"American manufacturing giant Goodyear Tire & Rubber Co. will cease operations in poverty-stricken

Venezuela due to deteriorating economic conditions and U.S. sanctions, the company confirmed to

FOX Business on Monday.

“Goodyear-Venezuela has made the difficult decision to stop producing tires,” a spokesperson for

the company said in a statement. “Our goal had been to maintain its operations, but economic

conditions and U.S. sanctions have made this impossible. We appreciate and thank the Goodyear-

Venezuela associates for their contributions and commitment under very difficult conditions.”

The plant is said to be open, but non-functioning, according to a report from Reuters.

Goodyear is reportedly making severance payments and giving workers 10 tires each.

The tiremaker is the latest in a string of companies to pull or scale back Venezuelan operations,

which have become increasingly difficult to maintain under socialist President Nicolás Maduro’s

government. Others that have fled include Kellogg, General Motors and Kimberly-Clark."


https://www.foxbusiness.com/economy/...h_0fBEqMgVgi3A



***You were saying Bernie...?
`If only socialists could have had some kind of historical precedent or real world example about whether socialism fails or succeeds.

Insanity is defined as doing the same thing over and over and expecting different results. Socialists are therefore mentally ill by default, and thus deserve no voice in competent society`

[Abbey Marie]

Not the point, but ten tires? Shouldn’t it be either 8 or 12?

[CSM]

Not the point, but ten tires? Shouldn’t it be either 8 or 12?

10. That's enough for 2 cars and a spare for each.... Either that or they can make 5 two wheeled carts which they will need because no one can afford fuel for the cars.

[NightTrain]

Not the point, but ten tires? Shouldn’t it be either 8 or 12?

I was thinking that having 6 spare tires with the zero maintenance for roads would be a sound decision.

Or, I suppose that they could trade all 10 tires for a loaf of bread.

[Tyr-Ziu Saxnot]

Not the point, but ten tires? Shouldn’t it be either 8 or 12?

That would be 4 tires for the vehicle and 6 tires to trade for one tank of gas.
Aren't the magnificent glories of socialism just overwhelmingly wonderful?? --Tyr

[Gunny]

10. That's enough for 2 cars and a spare for each.... Either that or they can make 5 two wheeled carts which they will need because no one can afford fuel for the cars.

How many sandals you figure a Vietnamese can make out of 10 tires ?

[CSM]

How many sandals you figure a Vietnamese can make out of 10 tires ?

Now that made me laugh! I would say it depends on tire size vs foot size but it's gotta be pushing 100 pair...

[LongTermGuy]

`Hippies will pay a fortune for a pair of originals...