T’was the Lunatic RBA that killed Holden

Advertisement

Scotty from Marketing is having us on again, as he can in Australia’s memory-free corporate propaganda soup (that is, the media):

Scott Morrison has accused General Motors of allowing the iconic Holden brand to “wither and die” after demanding billions of dollars in taxpayer subsidies to remain in Australia.

US-based GM announced on Monday it was retiring the Holden brand from sales in Australia and New Zealand.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.