They lost 3 trillion on Eastern Europe alone (not to mention the housing/mortage related losses). Get your facts straight... (you were talking about the U.S. edu system...?)
I Drive a Honda A HONDA HONDA NOT CHRYSLER OR LOW QUALITY USA CRAP Honda S2000 NOT A GOD DAMN CORVETTE THE WORLD ISN'T BUYING A CORVETTE YOU ASS
Where is the 9 trillion PLEASE FIND IT AND LET ME KNOW http://www.nakedcapitalism.com/2009/05/federal-reserve-inspector-general.html
You are focusing on the car industry as the sole metric to support your arguement. I guess you believe that an entire economy only be based on the auto industry? Since you like Japan so much, let's discuss how their brainiac kids are going to pay off 150% debt of GDP with an aging population.
oh god OH GOD am I gonna shred you to pieces now 70% of US economy is consumption, CAR Industry going on its knees IS A BIG DEAL As for Japanese Debt, Take a look at US debt http://www.brillig.com/debt_clock/ oh my American Smart ASS when are you gonna pay this off