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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (11587)	11/26/2001 1:20:29 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

He owns wood lots and mills that haven't been upgraded since the 1960's. No wonder he can't compete against Canadian lumber produced in the most modern and productive mills in the world. Hmmm......something to think about... Like where do the Canadian companies obtain the necessary capital to purchase the "most modern and productive mills in the world".. Might it possibly be because they are using money for capital expenditures that their US counterparts are forced to pay the US government in purchasing timber rights? Might those high wages and extra jobs in the Canadian timber industry be made possible because they have excess cash that they don't have to pay to the provinces or to Ottawa? There are always several sides to an argument, and I really don't know enough about the subject to venture an informed opinion. But one thing I feel confident about is that US timber corporations would be seeking to use modern and more productive technology if they had the funds available to do so. It would just make economic sense. But those funds might not be available because they are required to maintain overly slender profit margins to deal with Canadian timber subsidies aimed at preserving Canadian timber jobs. Follow the money Teevee... Follow the money. Modern equipment costs plenty of it and you have to ask how they are obtaining it. Hawk

To: teevee who wrote (11587)	11/26/2001 9:55:41 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

American can't hide behind a strong dollar and tarrifs forever. Btw Teevee.. Isn't praying for the collapse of the USD somewhat counterproductive? Afterall, a strong dollar HURTS American exporters. It makes US products even more expensive in economies like Canada, where their Loonie is only worth .62 cents. So if the dollar declines, and the Loonie climbs, it's going to work in the favor of US corporations. Btw, how come the Canadian dollar is so much weaker than the USD? Could it be that global investment capital fails to realize all of the profitibility derived from those those modern and productive mills and overall Canadian entrepreneruialship? Obviously they have the US beat on that account... Sad that the global investment community fails to see that and put the majority of their capital in US dollars, believing their best return will be realized there. finance.yahoo.com Now who's hiding behind their currency, specifically the weakness in their currency? (wink, wink, nudge, nudge) Hawk