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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (29678)2/20/2008 1:55:08 AM
From: elmatador  Respond to of 217571
 
GM adds third shift and hire 600 workers at its main factory in Brazil to keep up with booming demand in Latin America's largest market.

The announcement comes a week after the U.S. automaker offered a new round of buyouts to its factory workers in the United States and posted a record $39 billion loss for 2007, underscoring the challenges it faces at home.

Brazil has been a rare bright spot for GM in recent years, helping to offset hefty losses in the United States. GM returned to profit in the South American country in 2006 after eight years of losses, benefiting from an economic upswing that has helped revive the entire auto industry.

To keep up with red-hot demand, GM said it would expand its plant in Sao Caetano do Sul on the outskirts of Sao Paulo to produce an additional 50,000 vehicles a year. It will also hire 600 workers for a third shift that should start operating by June. (Reporting by Todd Benson; Editing by Brian Moss)



To: energyplay who wrote (29678)2/20/2008 9:02:51 PM
From: Arran Yuan  Read Replies (1) | Respond to of 217571
 
Olympic Games per se, be in 2008 or every other time, is just an event that produces nothing but waste to human being dwelling place - the earth, while promotes cash sloshing around that some would profit from. No real produces produced!

My take on your query is that they would have planned as you expected, but the sweeping cold winter storm alter the course - less tightening now than they plan. After Olympic Games, official stimulus would not work as efficient as it used to be or as officials would have wanted. The trouble is the deflating side of the world economy far outweighs the inflating side. In fact, inflation has been running from one sector to the other, only now it is the turn of the eatery, drink, moving around, leisure, and sweeting on the heads of the heads of the world. Stressful, but also very fun, right?

Jan. CPI announced the day before yesterday is 7.8%, quite strong but weaker to my guesstimate I would say as I frequent dining places. Would authorities try to slow the economy down? I do not know, but I would ask how even if they want to in the fact that red hot 'printing' machine has been running for years? As Western funds are retreating to shore up their bases, the problem is how to absorb such freed up cash. Spreading salt to the wound is that China real estate markets were so bloated. Do not be so surprised to see China RMB? fall against US FRN$ in the not so distant future. I would not be surprised to see a replay of Japanese show of 1988/9 - 2003/4 here to a different degree in RE land. So, tighten or loosen in China is not critical here in terms of our measures to play the markets - stack up cash (get Au/Ag, be long of Au/Ag equities in various forms, and some fiat money). Be ready (when USPIX outperforms BEARX with confirming chart configuration) to write calls on US/EU/HK stock indexes to raise cash and ready to deploy fiat cash in short ETFs/Funds.