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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (583893)	9/1/2010 6:44:11 PM
From: tejek	Read Replies (1) of 1572676

If you mean the vast majority of investment by Americans is outside the US, and has been for the past 10 years, then you would be wrong. Not really.....the trend has been to build corp. facilities and move jobs to other countries. During the past ten years, we have seen no growth in manu. jobs and feeble growth in tech. Very steadily American corps have been moving facilities outside the country while complaining about regulations and taxes 24/7 for years. Now there is this: Venture investment more optimistic outside US: survey The market for venture capital (VCs) is predicted to contract in the United States and expand in overseas emerging markets such as China, India and Brazil over the next five years, according to a latest survey by Deloitte and the National Venture Capital Association (NVCA). More than 90 percent of U.S. survey respondents, as well as VCs in Europe and Canada, expect the number of domestic venture firms to decline between now and 2015, while during the same time VCs in China, India and Brazil anticipate growth in their countries. Weak IPO market and unfavorable tax and regulatory policies in the United States are the main reasons for the contraction. More than half the U.S. respondents also believe that limited partners will be less inclined to invest in U.S. venture capital funds in the next five years, the survey showed. read more.......... ibtimes.com Bottom line: Just as most American corps. in the last century could care less about the city and state in which they were located and would move at the drop of a hat when offered a better deal in another state, now they could care less about this country if they can get a better deal in another country. I just wonder when you all will wake up and smell the coffee. Your defense of American corps is as indefensible as your defense of the rich. Neither care about you at all.

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