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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (59238)4/23/2006 10:04:48 PM
From: shades  Respond to of 110194
 
with its aggregate standard of living and average fuel consumption.

Always so negative dear General - all the wonders modern technology has brought to so many hundreds of millions - and giving up the SUV for the bicycle will get us all back in good tip top shape - look on the bright side of life.

below, because the usd will crash thunderously, and toyota lexus suv will no longer be sold unless, of course, it is produced in china.

Japan's Nissan Motor: Mulling Building Plant In Russia-2-

.

The Nihon Keizai Shimbun reported Monday that Nissan is finalizing plans to construct a passenger car assembly plant near St. Petersburg at a cost of Y10 billion to Y20 billion.

The newspaper said construction is expected to begin as early as this year, with the plant beginning production in 2008 at an initial pace of around 20,000 vehicles a year.

Russia, whose briskly growing economy is fueling strong growth in its car market, has been attracting interest from the world's major auto makers.

Nissan's bigger Japanese rival, Toyota Motor Corp., is building a factory near St. Petersburg, aiming to start production there in late 2007. General Motors Corp., Ford Motor Co. and Nissan's partner Renault SA already make vehicles at local plants in Russia.


-By Arran Scott, Dow Jones Newswires; 813-5255-2929; arran.scott@dowjones.com



To: TobagoJack who wrote (59238)4/23/2006 11:02:31 PM
From: Maurice Winn  Read Replies (1) | Respond to of 110194
 
TJ, truth to tell: < the crux of the matter is simply that, at the basic level, i.e. usa made molds and tools, using same swedish/german specialty steel, costs 300 - 3,000% more than china-made same same, in factories owned by everybody from all around the world, and no amount of twiching, scheming, machinations, manipulations will change the very basics of competition.>

Our neighbour is in the process of starting production of said molding machines in China, India and I think he said Thailand.
They have designed a spiffing new design system for plastic injection molding to do a better job. He showed me their design and he is certainly onto a good thing.

But costs are rapidly rising. Software designers in India are not working for a bowl of rice a day. Chinese in northern China are wanting more than 3 bowls of rice a day and in fact so much that Aki-san's company has moved production back to Japan to avoid the problems and not incur much more cost.

I don't see why Indians and Chinese should work for less than others doing the same job. Maybe a bit less because there's more cost to off-shoring than the labour cost. But there are savings too, such as less Resource Management Act and Local Authority bureaucratic burden, not to mention central government taxation and a horde of government spivs all wanting to get their kleptocratic, bureaucratic, paws on the productive to justify their departments' existences.

The USA can renege on debt very gradually. It doesn't need to be with a rush, frightening the monkeys. Softly, softly catchee monkey. As with the proverbial frog in cold water made boiling, USD holders can be cooked and not notice it until too late.

Mqurice