Turn your thoughts for a moment to the not too distant future of a day when GE runs out of viable businesses which it can sell.
What happens next to you, you families and your retirement...
Tick Tock... Tick Tock... Tick Tock...
Your financial future and your families wealth for the next generation will be irrevocably impacted forever.
What will you do?
In the next 2 years or less GE will likely be just Power, Renewables and Aviation.
These businesses will be shells of their prior elite selves which existed in the imaginations of those who considered GE to be an elite firm. They may even be separate publicly traded companies.
Power will likely have merged with Renewables and have slimed down to just Gas Turbines, Aero, Nuclear, Grid, Wind and Gas Services.
Aviation too will have been forced even after deep cuts elsewhere to sell off Avionics/ Aviation Systems along with Additive and most of Global Research.
Retirees will comment sadly on how once GE backed up their own pension instead of the PBOC and how terrible it is that their benefits in retirement as well as compensation was forcibly cut when GE had to break into its final pieces.
The rest of GE will long sense be gone and sold to other investors. Digital will go to a Silicon Valley Power House. Power Conversion to a Foriegn Owner likely in Asia. Steam Power will be ether sold or reverse Morris Trust acquired by a smaller competitor. Even Capital will no longer exist after being sold piece by piece.
Every day we will wake and ask ourselves, was “Imagination at Work” really a dream or did we really dedicate our lives to a mirage which has disappeared. Only when looking down and studding the lines on our hands as we lift a sip of morning coffee to drink or peer reminiscently into the bathroom mirror will we realize the truth...
We were all deceived and the hope we placed in a company for our and our families wealth has completely evaporated to never return to existence or it’s former glory.
Only the factories will remain etched upon the skylines of forlorn cities as a warning of toxic environmental damage and toxic management have laid wate upon our land along with the graveyard cries from those forced into early death by toxic workplaces.
Generations from now people will ask in amazement “What happened to the once great GE company” and the only response will be “Immelt’s debt, an unchecked Board of Directors and unquestionably loyal executives.
In generations, all will know what we do today that the death of GE happened during our generation as employees and it is no more...