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I mean, the state was beginning to slip into a sort of a semi-bankruptcy mode.
Put up for auction by GM during its pre-bankruptcy crisis mode, Opel was all but sold to an Austro-Canadian-Russian consortium (55% to Magna-Sberbank; 35% to GM with Opel workers getting the rest).
When I met him in 1990, we talked about a number of big-picture issues, like the confrontation between Byzantine and Western modes of thinking and the intellectual bankruptcy of "third ways".
Complete bankruptcy.
Bankruptcy beckoned.
Bankruptcy helped.
Bankruptcy followed.
Bankruptcy looms.
Bankruptcy for some, or bankruptcy for all?
Survival mode.
Bankruptcy was inevitable".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com