Now that GM is on its deathbed, should the Japanese Ministry of Finance and the US Treasury sit down with the Toyota executives in Nagoya and ask them to acquire the damaged GM? If so, what concessions would Toyota want in return for taking over?
Here are a few off the top of my mind.
#1. The US will guarantee that Japan is awarded a seat in the UN Security Council as a permanent member.
#2. Japanese students will no longer pay 'out-of-state' fees for university.
#3. The US will sell the Japanese 5 nuclear-powered aircraft carriers.
Let's hope the two countries can work together now to save GM.
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