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Nissan's Impending Bankruptcy: A Looming Crisis
Nissan, the Japanese automotive giant, is facing a severe crisis that could potentially lead to its bankruptcy within the next 2 years. This is not a hyperbolic statement, but rather a conclusion drawn from the company's own admissions and the alarming financial data that has been revealed.
Nissan's Admission of Trouble
Nissan's CEO has recently acknowledged the company's troubles, admitting that they have significantly exaggerated their sales forecasts and that their actual profits will be 70% lower than expected. In fact, over the last 3 months, Nissan has not only failed to make a profit, but has actually lost more than $1 million.
Mounting Debt and Declining Sales
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