Great Recession Part 4: E122 2009 Auto Bailouts | Factory Reset
Podcast: Remember Shuffle · Remember Shuffle
Opublikowano: 2026-06-20
In part four of their ongoing series on the Great Recession, the Shuffle Bois turn to a topic near and dear to their hearts, the automotive bailouts of 2008/9. When cheap and easy credit dried up due to the sub-prime mortgage crisis and the dominos of financialization began to fall, the three struggling American automotive companies were hit particularly hard. In this episode, the shuffle bois go through the history of the automotive industry, laying out both its long term chronic and short term acute issues, before tracing the Obama administration's response. It's a sprawling episode covering labour relations, corporate mismanagement...