Hi Elmat, <<If this is happening with other range of products we've got to brace for the hit>>
It is, 30-70%, depending on nature goods, place in value chain, from optical components to toys, auto parts to home tools. Some Taiwan factory owners are trying to sell out, others are burning down their factories to collect on insurance policies written against the asset by their controlled insurance companies.
The taking has not even gotten started yet, but the set up is already clear, from past experience. Practice makes perfect, thanks to Uncle Greenspankie, the capitalist's true friend.
I have a vision of the end of the great game: a bunch of sheared sheep, possibly of New Zealand origin, dazed, cold, wet, hungry, wandering aimlessly, in circles, on an empty plain, holding on to bits of paper, and wondering where all the grass went.
Chugs, Jay |
