The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (18221)	3/6/2004 6:47:44 PM
From: Lizzie Tudor	Read Replies (1) of 306849

Tell me how it is essentially different, buying a circuit board or an intangible intellectual property or skill from overseas? Sure, looking at the difference between Google R&D offshore vs. procuring a tire from China, the first case involves making an investment that partially never returns to the US, that is the brain of the Google engineer who now will likely transfer that IP elsewhere with no allegiance to the USA because he/she is not an american, EVEN THOUGH Google as a company could never have existed without the US university infrastructure which is largely financed by US taxpayers. In the case of production offshore the IP argument is not as relevant. Its still there just not as pronouced. Anyway lets just look at the near term. We have no job growth now and no job growth coming (we know the new industries are not going to be adding US jobs, the CEOs have said as such). And a 600 billion dollar deficit. What do you propose as a solution to this?

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