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To: dvdw© who wrote (128896)	1/23/2017 7:11:49 PM
From: Maurice Winn	2 Recommendations Recommended By 3bar James Seagrove Respond to of 217852

It's all very amusing. << What do you think about Foxcon making a 7 billion investment in USA? Also Alibaba promise of a million jobs? (bezoz vas MA…..odds on favorite?) >> It was great that capital and technology flowed to Made in China, with a billion people being lifted from the hutongs and Mao's maelstrom. I was pushing for that 30 years ago when I was a BP Oil International employee. We were paying Deutsche BP R&D a fortune and the R&D at Sunbury [near London] was not much cheaper. I wanted to hire a swarm of really cheap super high IQ women in China to save us a fortune while giving them something better to do than planting rice by hand. They could be hired from age 12 and put into a BP school. Qualcomm now does have R&D people in China. Globalisation is great. Unfortunately, China, Korea, EU and the FTC in USA are robbing Qualcomm. It's really annoying. Qualcomm provided the technology that has enabled $trillions in value to be created - but we receive a pittance for the effort while Apple and Google are not far from $1 trillion in market capitalisation and swarms of others make $trillions. Foxconn makes big heaps from Qualcomm tech via Apple, and others. Now they'll go into electric autonomous Uber cars Made in USA. The Made in China success was so huge that Americans enjoyed a vast supply of cheap goods, but Americans lost a lot of jobs due to the global competition for employment. That was okay as cheap stuff is so attractive. I don't want to pay a lazy slob $100,000 a year when I can pay a nice Made in China very clever lady $5,000 a year to do a much better job. But now, the price of Made in China is rising and too many people have lost jobs in the USA so they are becoming politically problematic. So now Americans are the cheap workers and they'll end up working for people in China with China sending capital to USA in the reverse of the last 30 years. China is colonizing USA!! At some stage that will become politically problematic. Many people get whiny when they realize they are working for foreigners. I never minded it - the money was good, the jobs interesting. Arabs should be glad to have Israel there - good money and jobs and services all on the doorstep, but instead they get all whiny and want to go back to scimitars against each other and harvesting dates. Mqurice

To: dvdw© who wrote (128896)	1/23/2017 9:40:55 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217852

Taiwan-based Foxconn will make a $7 billion manufacturing investment in the United States when pigs fly. This figure is more than Foxconn has spent on their capital budget over the past 13 years. This is not the first time Foxconn CEO Terry Gou has promised to build a manufacturing facility in the US. In 2013, Foxconn promised to invest “over $30m to build a high-tech manufacturing facility” in Harrisburg, Pennsylvania, according to a Bloomberg report. Surprise! The plant never materialized. So now Gou has promised a mirage 233 times larger - what's all this bullshit about? In March 2016 Foxconn purchased the subsidiary of Japan's Sharp Corp which it contracts to build the iPhone screens. This mythical new Foxconn plant is part of the same hoopla from the Japanese owner of Sprint, Softbank. Sprint waved around documents which claim some unnamed Saudi investor will pay to build a screen plant for Foxconn in America as a part of a tiny iPhone phone contract Sprint hopes to have with Foxconn. This will never happen - it's all bullshit. - theguardian.com Foxconn CEO Terry Gou says daffy shit all the time, like, "I have a workforce of over one million worldwide and managing one million animals gives me a headache." Americans will learn quickly enough that Trump's PR bullshit doesn't create jobs, it merely creates business uncertainty and the loss of additional jobs. So far Trump has announce a total number of mythical jobs equal to only 20% of the jobs created each month while Obama was President. It's really sad. This isn't going to end well.