I don't think it is going to actually end as such Ebiz..
This all could just be a precursor to a long protracted rationalization of all business practices...due to the fact that things have gotten so far out of hand all over the world..

When huge Japaneses corporations like Honda have to make decisions like that , it has to make you stop and think ...
Honda not only are huge , but they use Japaneses methodology and great innovative processes through out all their manufacturing sectors to maximize profits and make thew best use of people for maximum efficiency and productivity..
If they can not make ends meet so to speak ...well what hope all the rest mate

I have always believed that economies, prices, profits and all things cost related to business could not just keep spiraling up and outward , without a huge implosion at some stage ...

Many will just go and tell you that it is bad economic management , but the reality is that it goes beyond that , into the base design of our economic systems that we have been using for decades now...

In the past we had millions of small businesses that could survive down turns better than huge muti national corporations that once hit, fold all too easilly ...

We live in a very unstable system Ebinz....

I hope things do ease up , but my fear is that even when the experts start proclaiming a turn around , that it will be not enough to save many many people from long term financial pain ..

 

Yer... I have no doubt that all the huge corporations will survive and return to business as usual with possibly only a little restructuring ...
Honda will definitely get back into the racing ....they have too...it is one of the main ways it advertises its machines...

My concern is more for the smaller businesses that have no room to maneuver or restructure ...will they recover or will the big corporations just wind up swallowing up even more of them ?