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Economist Warns That Ford Is Treading Close To Bankruptcy | TPTS
Due to a profit warning, the price of Ford shares fell by more than 10% by the end of the day. To cover rising costs, it will cut production and raise prices. If the Fed doesn't change course, it's likely that Ford is treading close to bankruptcy. Where the Motor City goes, the rest of the country goes.
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
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