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The 1%
Message
De
04/02/2014 15:54:16
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., Nouvelle Zélande
 
 
À
04/02/2014 14:32:37
Information générale
Forum:
Finances
Catégorie:
Investissement
Titre:
Re: The 1%
Divers
Thread ID:
01592816
Message ID:
01593212
Vues:
44
>>If all jobs were kept in the US not even the current military budget could keep non-developed states from birthing more 9/11 like incidents.

Not convinced that outsourcing causes goodwill, especially if workers are said to be "exploited" by their own 1%.

Also not convinced that terrorism happens where there isn't a greedy 1% and downtrodden masses. Give a man a decent job, a family and the prospect of buying his own car and he doesn't have time to act on hateful impulses.

>>no way if you allude to more than adding the finishing touches - MotoX being built in the US still kept most of the price of HW generated outside as imported pieces were legoed together here and customer could decide on wood or not.

Both the UK and US once had enormous manufacturing sectors providing huge employment to blue collar workers. Take the train North to Sheffield and review the once-vibrant factories decaying along the tracks. Check out downtown Detroit. If this was inevitable, what provision was make for those who lost the work? They didn't cause it and it's not their fault that everything is cheaper in the Third World.

More to the point: as increasing wealth lifts third world nations towards the first world, costs will rise and the benefits of outsourcing will diminish. In the end there will be wealthy countries with all the manufacturing capability that are not us. If they can establish monopoly on cost grounds, it will be even worse- though less so for countries like Germany and Japan that seem able to maintain at least some manufacturing capacity despite being high wage economies.

>>Apple did not pay dividends...

Sure it did. Not huge as a %, but share prices rose after the huge buy-back and investors enjoy the untaxed capital gain on retained shares even more than the dividend. Both would be under threat if the cost of production rose to pre-outsourcing norms.

>>Which countries have you picked as alternate nest sites and how many % have you spread ?

LOL, you tell me! ;-)
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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