SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : New US Economy Policy

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Arthur Tang who wrote (70)10/26/1997 11:47:00 AM
From: Arthur Tang  Read Replies (1) of 435
 
The crack in the new economy and the deflation to patch the crack.

MacDonalds losing sales, they patch it up with limited time 99 cents products.

Burger King countered with Double King hamburgers and they sell 3 million pounds of beef a day. When they stop, volume goes down profits went down as well.

Good business management requires marketing to be creative and attract customers in the door. A bird in hand is better than two in the bushes.

Financial aspects of the economy is strong because of good jobs and good pay. But if you don't take care of the customers, they go else where. Simple but true.

Automobiles are too high priced because of more plastic used on the body. They used to be steel. Stronger and less auto risk insurance payments. In Korea, the automobiles change to plastic and the steel company went bankrupt with no buyer in sight.

10 years of sculpture design made the automobile price too high. Change the design to "knife edge" and steel will be back. Car insurance will be reduced. Car list price will come down too. Deflation by design is wonderful. It will keep the new economy going for another 10 or more years. After all the apparel business came back when designers all agree to design "classic" at the same time.

Mr Greenspan, eat your heart out, it is that simple.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext