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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (128743)	1/22/2017 12:49:16 AM
From: elmatador	Read Replies (1) of 217574

China is now a PR machine to cover the realities lurking. No good at all. 2008 - 2014 China had to find ways to export and engaged Tier 2 and Tier 3 countries com gusto. Project financing like there was no tomorrow. Then the income from exports tanked and reserves started going down. The money to fiance the project abroad is no longer there. The tire exporting example is the usual for companies like Goodyear, Continental and Pirelli and China must have hired expat former tire experts and they taught the Chinese how to operate. Let I taught the Huawei Chinese since 2009 Let me explain to you how it works: The reason is for the tiremaker have a base where the exchange is low and it gets competitiveness. Say Toyota wants tires for cars. Mercedes Benz for Trucks Boeing for B777 John Deere for tractors Goodyear can bid for all of them! Factories and Thailand and can bid for trucks and planes. Good year factory in Brazil supplies for trucks and cars South Africa for tractors The Goodyear dealer seeks where the prices are lower and discovers that Indonesia Rupiah has crashed. Gets source tires for Toyota cars from Indonesia and wins the Toyota deals. As Rupiah crashed ti affected the Thai Baht and get Tractors and planes. Brazilian Real is also low and get the trucks tires from there and so it goes...

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