End of an american empire?

IMPOSSIBLE! scream the skeptics. End of an american empire? I once predicted the fall of GM to a background of hoots of laughter. I said that those who still have stock in GM will see their laughter turn into tears. It joins Short Circuit City as one more bankrupt giant.

The stock is effectively worthless, but in 2006 GM stock was going up. Debunkers were laughing, but now they claim they always knew GM would go under.