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I'm not sure the 'all the eggs in one basket' problem is the real problem here. At the heart of the issue was a conspiracy between the unions, the companies and the state resultant from a fear of all three of saying 'no' to any of the other two which resulted in an industry which was unhealthy.
If the Big 3 had actually decided to compete with foreign automakers, if the Unions hadn't sucked their companies dry and if the state hadn't been complicit in all of that, Detroit would have probably still been a decent place to be.
This was just groupthink on a massive scale.
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SN -SINCE 1869-
"EXCELLING WITH HONOR"
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Mu Tau 5, Central Oklahoma
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