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

GLD 374.96

+0.2%

Nov 19 4:00 PM EST

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To: dvdw© who wrote (128896)	1/23/2017 9:40:55 PM
From: Elroy Jetson	Read Replies (1) of 217901

Taiwan-based Foxconn will make a $7 billion manufacturing investment in the United States when pigs fly. This figure is more than Foxconn has spent on their capital budget over the past 13 years. This is not the first time Foxconn CEO Terry Gou has promised to build a manufacturing facility in the US. In 2013, Foxconn promised to invest “over $30m to build a high-tech manufacturing facility” in Harrisburg, Pennsylvania, according to a Bloomberg report. Surprise! The plant never materialized. So now Gou has promised a mirage 233 times larger - what's all this bullshit about? In March 2016 Foxconn purchased the subsidiary of Japan's Sharp Corp which it contracts to build the iPhone screens. This mythical new Foxconn plant is part of the same hoopla from the Japanese owner of Sprint, Softbank. Sprint waved around documents which claim some unnamed Saudi investor will pay to build a screen plant for Foxconn in America as a part of a tiny iPhone phone contract Sprint hopes to have with Foxconn. This will never happen - it's all bullshit. - theguardian.com Foxconn CEO Terry Gou says daffy shit all the time, like, "I have a workforce of over one million worldwide and managing one million animals gives me a headache." Americans will learn quickly enough that Trump's PR bullshit doesn't create jobs, it merely creates business uncertainty and the loss of additional jobs. So far Trump has announce a total number of mythical jobs equal to only 20% of the jobs created each month while Obama was President. It's really sad. This isn't going to end well.

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