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Strategies & Market Trends : New US Economy Policy

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From: Arthur Tang5/13/2007 9:39:21 AM
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Our new economy policy depends largely on foreign governments and their capital spending on infrastructure building. Nuclear power plants, water reservoirs and hydroelectric generators, low cost affordable housing and mega malls for demand side economy.

Globalization is as easy as that of working with foreign governments to spend wisely with new technology. When printed currency is shown in infrastructure, it is not inflation nor waste of money. Instead people generally found out that cost of labor is cheap compared to the developed countries in the early stages of developing all the slow moving economies including Japan. Infrastructure built cheap is ideal for economical growth. On the other hand, jobs are created, and demand side economy will boom.

Stronger economy makes all local currencies hard? With water and electricity, it will make production of all goods plentiful and inexpensive for consumption.

So, we expect to export our technology and use local labor to finish many projects. Multinational firms have to work with governments to build up the underdeveloped countries.
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