Ben
#1
Posted 05 December 2010 - 07:19 PM
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
#2
Posted 05 December 2010 - 07:35 PM
#3
Posted 05 December 2010 - 07:41 PM
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
#4
Posted 05 December 2010 - 07:47 PM
Where does the money come from to buy those assets???
Chicken and the egg. What came first? Money or the assets?
#5
Posted 05 December 2010 - 07:54 PM
Where does the money come from to buy those assets???
Chicken and the egg. What came first? Money or the assets?
The government has an out of control budget in which they spend a bunch of money...
Ben is lending his support by printing money and then buying some of those government bonds issued by the treasury...
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
#6
Posted 05 December 2010 - 07:57 PM
Edited by dcengr, 05 December 2010 - 07:58 PM.
#7
Posted 05 December 2010 - 08:18 PM
#8
Posted 05 December 2010 - 08:36 PM
#9
Posted 05 December 2010 - 08:41 PM
#10
Posted 05 December 2010 - 09:01 PM
Islander, the outsiders would sink just as fast if they dare to say NO Thanks. US almost let China be what it is today, US corporations took their knowhow to Chinese labor as well. China breaks the ties and they go down just as bad, there is no need for any of that, but they all have to be balanced. US cannot just print either. China cannot just continue to devalue either, this entire slump in US manufacturing is due to the cheap labor all around the world, but mainly from China. China exported the deflation in labor prices, no wonder the economic growth in US has been unsustainable with the real estate boom...
Manufacturing sector will not get any better. US auto manufaturers will be resourcing components to Laos, Thailand, and Vietnam very soon to obtain even cheaper products w/out the Chinese government intervention. South Korea is trying to work out a deal with China to have North Korea complete heavy machining tasks at very reduced cost also. The only reason South Korea has not retalliated against N. Korea, $$$
Hired a PHD from India to take over the FEA department for 38K annual. The previous engineer was making 124K and complaining about having to do any travel. People from India and China are very educated and will travel cheaply.
Sign of the times but every business owner will need to follow suit or lose competitiveness
Edited by dhroz, 05 December 2010 - 09:02 PM.