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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (71210)11/15/2007 9:28:00 AM
From: RealMuLan  Read Replies (2) of 116555
 
why the US corporations love global economy and send jobs overseas? Here is why

According to John Boler, the Vanguard Group founder, they have followed the US corp. after tax earning for the last 80 years. On average, it was 6%, but in the last few years, it jumped to 10.2%.

So where the extra profit coming from? Raw materials price are sky high, companies have NO power of pricing... so make your onw conclusion
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