Shock and ore, continued: Thirteen years ago, there was a thriving business disassembling machine tools in the UK and shipping them out to New Zealand where talent was high and wages were low.
I don't know what has happened since with those machines, but I suspect some of them were shipped to China.
Meanwhile, across the road, a neighbour is [with some business partners] setting up engineering production in Thailand, China and India to produce plastic processing equipment for injection moulding machines. They have developed good engineering design and algorithms/software for input of data and hope to sell a LOT.
Also meanwhile, did everyone bail out of NZD as warned by Mq? Plunging down. From USD74 to USD63 so far. More to come I guess. Against yen it has dropped a bit more as yen is doing better than USD. Those who foolishly wrote off Japan, which has charged on throughout the 1990s and early 21st century, denying prognostications of their doom, will be losing money.
Honesty, thrift, work, savings, technology, investment, rinse, lather, round again is a good way to do well.
Mqurice |
