Our forefathers were "about" America, not tearing it down. I suspect your claim would be reversed. I suspect, back then, when the barbary pirates were attacking our country, you'd have been the first to scream about their religious rights to do so. I've pointed this out often myself. Some people steal their freedoms off the backs of others, to sit around and ceaslessly attack their country day in and day out, while hiding behind the Constitution for doing so. In their altered world, they believe it's patriotic to do so. So much so, they'll even use false information to assign that blame. The borg collective has arrived. There are no unique thoughts. If you do not think like other neopaulitans, seek to silence that dissent. The irony is overwhelming at times
GTech, you DO believe the country is made up of "We The People", right? So i'm setting here wondering... If we're tearing down the government, but you're tearing down the people, who's really tearing down the country? Feel free to try and re-spin it however you like.
I'd like a straight answer to that as well. Gtech, is America "We the People" or "We the government"?
Not sure if you happened to notice but Airbus is headquartered in Europe, its production and design is in Europe and if a strong euro (weak dollar) is hurting their business then it must be helping Boeing. Which means more manufacturing work for the US citizens, which also explains the 15% rise in exports in our last GDP number.
Except that the top two auto manufactures in terms of sales in China are GM and Volkswagen. http://www.detnews.com/apps/pbcs.dll/article?AID=/20060105/AUTO01/601050436/1148
Just 650,000 cars sold in a country with a population of 1.3 billion? Maybe I'm not to knowledgeable in this area, but that sure doesn't sound like a lot. Also, you should also consider the fact that there are no serious Chinese automobile manufacturers in the world right now. I firmly believe that as soon as a Chinese car company really shows up, it will take away any market share GM has, which I personally consider to be small when you compare the number of units sold to the number of people in the country. Our large trade deficit also shows that historical trends largely continue today in China. I think the reason GM is doing so well is because there are no serious Chinese car companies to compete against in that market. Also, the 650,000 number could be deceptive. I would actually like to know what it cost GM up front to get that many cars sold, depending on their up front prices, the 650,000 could be a Pyhrric victory.
Approx 10 of South American exports go to China. If the dollar continues to decline the countries may leave the dollar zone. Both Boliva and Venezuela and have natonalized the oil industry. South America is leftist Governments - Venezuela: President Hugo Chavez - Brazil: Workers Party's President Lulu da Silva - Uruguay: President Tabaré Vasquez arrived in January 2005 with far left credentials and, although pursuing conservative domestic policies, he has become identified with Hugo Chavez's global policies. Argentina: Argentina's president, Nestor Kirchner at the Summit of America's meeting in November, 2005, emphasized his nation's independence by saying that past American policies "not only generated misery and poverty but also a great social tragedy that added to institutional instability in the region, provoking the fall of democratically elected governments." Kirchner has aligned his government with the policies of the other Socialist leaning presidents of South America. - Bolivia: Evo Morales, who has titled himself as ''Washington's nightmare," achieved a spectacular victory as a populist candidate. - Chile: Socialist Michelle Bachelet won the January 15 run-off for president. - Ecuador: Leon Roldos Aguilera is critical of the U.S. and is slightly favored in the upcoming Ecuador election.
650,000 cars sold isn’t a lot, but its growing fast and GM, Volkswagen and others have the ability to build long term market share in China. Its about looking at the big picture.
I've read a book or two about the rise of China, and I plan on reading some more. From what I've read, the joke is ultimately going to be on GM and Volkswagen. It is no real secret that the Chinese government encourages all forms of piracy, so it is only a matter of time before blueprints related to GM or Volkswagen vehicles suddenly vanish, and then you suddenly have copy cat companies producing cars that are oddly familiar. But even if this scenario doesn't play itself out, the Chinese will learn from Volkswagen and GM, then they will start their own car companies, market to the Chinese, and undercut GM and Volkswagen. This is the thing about outsourcing that makes it so inefficient. It is just a temporary success for the companies that do it. Eventually, Indian and Chinese entrepreneurs will learn how the companies that outsource jobs to their countries function, and once they do, they will start their own companies and compete with these foreign companies on their own soil.
The reason the Toyota Camry is the number one selling car in America for like the last 10 years has very little to due with design and everything to due with quality and safety something that can not be copied from a blue print that’s the same thing that’s going to happen in China. In the end if you do it right you’ll have a brand GM for example associated with a high quality safe product, something that the Chinese have been unable to do.
The weak dollar will always be better suited for exporters because their goods/services are cheaper for overseas buyers. So it really depends which end of the supply chain you're in. It is an economic tidal flow that flows in and out. Money goes in and money goes out. Interest rates and other factors determine if that flow is fast or slow which is based on calculated fiscal policy made by the Reserve Bank. At the end of the day under the rules of capitalism, Govts are trying to seek an advantage for their economy with a long term focus with short and medium term actions. It's a game of chess. Unfortunately, economies of scale dictates that the largest 'pool' will always experience the bonus of size and scale through discount offerings. In a market place with massive labour supply (skilled and unskilled) and potential labour supply (qualified people leaving tertiary institutions etc), the biggest fish always wins or will eventually win and hold leverage ie. China, India and other large populations. You only have to look at the strong economic growth of these countries.
A weak dollar is not favorable to Americans or the American way of life. I understand why it has been weakened (intentionally and unintentionally) but the consequences are going to be grave regardless. The Bill always comes due. The only question is when...