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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (591872)10/29/2010 4:26:35 PM
From: i-node  Read Replies (1) of 1579790
 
Exporting the know how, the real family jewels in exchange for short term cost reductions...guess what's beginning to happen? Independent companies start to emerge in these countries that turn into formidable competition for the very domestic companies that are exporting the expertise. In a few short years these very same companies will have competition like never before.

They aren't "short term" cost reductions. They're as long term as they can be. That's why it happens.

Nobody wants to do business in a country where the cost to hire people is inflated by such nonsense as government over-regulation, minimum wages for unskilled labor, massive commitments for gold-plated insurance plans, retirement packages that make no fiscal sense, and massive taxation on both the employee and the employer that make it impossible to make money.

is that the playing field is not level. In any of these emerging countries a local company has many advantages that have nothing to do with the know how itself. Labor laws, subsidies, regulatory requirements, currency manipulation by their governments...you name it.

Hilarious. The problem is United States non-competitiveness. Period. The same things that brought GM and DCX down.
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