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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: rdkflorida2 who wrote (2182)10/21/2014 12:15:31 PM
From: robert b furman1 Recommendation

Recommended By
Kirk ©

  Respond to of 26631
 
Hi rd,

The developed world is helping china growth their huge middle class.

It's a financial way of preventing war from a huge army of desparate people.

In between the developed world is busting unions, who hard headedly believe their only world is within the US,Japan or Europe.

The reduced cost to produce products that features a limitless supply of labor,help the developed countries restrict union demands for "MORE NOW".

Its called outsourcing.

What very few understand however is with each new plant that gets built in China a world of excess capacity is increased - thus slow global growth every where.

The highest growth, will go to the lowest cost of labor ( now = China).

Next Thailand , Malaysia or Viet nam - then Africa

The efficient global manufacturing thesis.

Bob



To: rdkflorida2 who wrote (2182)10/21/2014 12:39:50 PM
From: rdkflorida21 Recommendation

Recommended By
Kirk ©

  Respond to of 26631
 
"far out there" is what I meant in my last post. Sorry about the inappropriate word substitution. I would also like to add to that post. Many people are saying that China is not reporting their defense spending honestly. I think they are correct. China is, IMHO, spending "far" more on their military than what is revealed publicly. So again we have initial investment in military hardware that is added to GDP, but what is the cost of maintaining that military expansion? Also, are they reporting the cost of operations correctly/honestly? What many do not know, or chose to ignore, is that there is a mini-war/insurrection going on in their western province(s). I think these are 90% plus Islamic. So 7% growth may not be nearly enough growth to support everything they are doing. Much of what I have written is, IMHO, but much is also true. I am sure there is someone with more knowledge about the above reading all this and they can expand on or correct my comments. RDK.