Text 16944, 74 rader
Skriven 2005-11-24 10:17:45 av Roy Witt (1:1/22)
  Kommentar till text 16899 av Paul Sanders (3:633/104)
Ärende: Collateral Damage
=========================
24 Nov 05 16:23, Paul Sanders wrote to Roy Witt:

 PS> Hi Roy,

 PS>>> What has the U.S got to sell to the world market.

 RW>> Oh, there's plenty to sell. Japan needs wood.

 PS> Japan can get thier needed wood from other places

Sure, they can get it from those places where they're clearing out the
forrests...

 RW>> Many countries need food.
 RW>> Russia buys most of our wheat.

 PS> Russia could get thier wheat from Australia.

But they won't, unless you can sell it cheaper.

 PS>>> GM to shed 30,000 jobs and close a few more plants.

 RW>> GM fucked up and is now threatening to down-size to make up for what
 RW>> they lost in the fuck up. Happens to plenty of companies.

 PS> yes, lots of companies stuff up, but to shed 30,000 jobs is going to
 PS> turn a few towns / small cities into poverty zones.

Doubtfull. IE; Toyota is building a truck manufacturing plant in San
Antonio. They'll begin production after the 1st of the year and they've
been recruiting since last March. The plants that GM is closing are those
in which specialty vehicles are being built, the SSR for instance. The
cars that they don't sell many of will be discontinued.

 RW>> They need to get rid of the bullshit cars like that Holden pile
 RW>> of crap and bring that production home.

 PS> The holden is not a bad car, but that is hardly the problem, how many
 PS> U.S companies have moved thier manafacturing off shore ?

How many offshore manufacturers have built assembly plants in the US?
Toyota, Nissan, BMW, etc.. And the Holden that we have here disguised as a
GTO isn't a very good car. It looks like a Honda and that's why the sales
are very few even though these two cars are priced nearly the same.

 PS>>> World oil to start trading in Euro rather than US $

 RW>> I'd be surprised if that happened, as the uro has been declining and
 RW>> is only worth $1.17 today.

 PS> that means it is still worth more than the greenback.

But doesn't have a history of stabilization like the $. The EU, with it's
history of wars and rumors of wars, not to mention it's declining markets,
is very unstable.

 PS> When Iran starts selling in Euro (along side the U.S$) why would
 PS> European countries use the U.S$ when thier main currency is Euro ?

Iran would sell out there own mothers just to be recognized by somebody
as a legitimate nation.

 RW>> If it continues it's decline, and it will, it will be at Aussie
 RW>> dollar level by this time next year.

 PS> If that was to happen (unlikely) it would mean even stiffer
 PS> competition for U.S exporters...

Yeah, but buying up Australian or uropeon manufacturers would be cheaper.


Roy
--- Twit(t) Filter v2.1 (C) 2000
 * Origin: Hacienda de Rio de Guadalupe * South * Texas, USA * (1:1/22)