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

To: Cogito Ergo Sum who wrote (49713)	5/7/2009 4:36:19 AM
From: energyplay	Read Replies (4) \| Respond to of 218054

Note when looking at numbers for service jobs, there is a pure "service sector" with retail, resturants, etc. Many jobs were previously counted as manufacturing jobs because they were in manufacturing companies. You would visit a manufacturing plant, and the cafeteria staff would be direct employees, the janitors would be employees, the security guards employees and sometimes even the truck drivers. Also, there would be in house ad agencies and PR, sometimes a large legal staff, etc. There people were not producing product, but were counted as manufacturing employment because they work for a manufacturing company. Now all these functions are done by contractors, and counted as service jobs. So the work has become disaggregated. In many cases, the number of people touching the actual product has not changed as much. Automation, work simplification, and outsourcing does reduce these numbers.

To: Cogito Ergo Sum who wrote (49713)	5/7/2009 6:30:04 AM
From: Snowshoe	Read Replies (1) \| Respond to of 218054

>>They need a new plan stan...<< IMO the main solution to the global economic imbalance is obvious and already happening: the USA will cut back per capita consumption to more reasonable levels. There's no need for extreme outcomes like a "closed economy", but lots of Americans will have their middle class dreams downsized.

To: Cogito Ergo Sum who wrote (49713)	5/7/2009 7:33:30 AM
From: elmatador	Read Replies (1) \| Respond to of 218054

GM wants a slice of the Fiat presunto: NYT GM wants 30 pct stake in Fiat car business. Fiat only wants to give up 10 pct GM sees its Latin American business as a bargaining chip because it is profitable GM eyes Fiat Auto stake - NY Times Thu May 7, 2009 10:21am BST * GM wants 30 pct stake in Fiat car business - report * Fiat only wants to give up 10 pct - report (Adds MILAN dateline, plant shrinkage report, details) MILAN, May 7 (Reuters) - U.S. car maker General Motors Corp (GM.N: Quote, Profile, Research) is eyeing a stake in Fiat SpA's (FIA.MI: Quote, Profile, Research) car business in exchange for its European and Latin American operations, the New York Times reported on its website. As part of a massive restructuring to stay in business, GM is in talks with the Italian company about the sale of the U.S. car maker's German unit, Opel, which could eventually lead to plants being shrunk across Europe, according to a German newspaper.[ID:nL7323386] GM wants at least 30 percent of Fiat's car business, known as Fiat Group Automobiles, the New York Times said, citing people close to the negotiations. Fiat Chief Executive Sergio Marchionne, meanwhile, is willing to give up less than 10 percent, the people said. GM sees its Latin American business as a bargaining chip because it is profitable. The biggest market in the region, Brazil, is also important for Fiat because it is responsible for nearly all of the profit earned at its car business. A Fiat spokesman declined comment, while GM could not be immediately reached for comment by Reuters. Fiat shares were off 0.76 percent at 7.825 euros in Milan uk.reuters.com