SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Harvey Rosenkrantz who wrote (18294)11/13/1998 5:42:00 PM
From: limtex  Read Replies (1) | Respond to of 152472
 
HR -

Thanks for the response very uselful:-

1. EU - - I always said the EU would do precisely as you indicate in fact I think sooner or later they will go much further, very much further as they start to believe all their own propaganda. Still the way to 'solve' the problem is to make friends, very good friends with an EU competitor of ERICY or NOK.A maybe a big provider maybe Siemens. I'm sure if it came to a fight Siemens would win over the Scandanavians maybe an Alcatel or a major French company.

2. Sorry I haven't looked at Blue Tooth. Is this real competition?

Regards,

L



To: Harvey Rosenkrantz who wrote (18294)11/14/1998 10:55:00 AM
From: Rajala  Read Replies (2) | Respond to of 152472
 
Harvey, about the bananas

>the EU has written import specifications that
>favor bananas from former colonies in Africa and the
>Carribbean(?sp) over those from Central and South America.
>This is a huge chunk of business that by virtue of higher
>pricing due to the tariffs and non tariff barriers (size,
>shape & texture) virtually excludes these growers.

Well, this is pretty incorrect. Some 2.2M tonnes of EU bananas come from Central and South America - so nothing like "virtually excludes those growers". What the US objects is that EU has a quota of 0.7 M tonnes for certain piss poor countries with small family farm sort of growing system, which are not able to compete on price and quality otherwise.

>The point about the bananas is that the EU is quite capable of
>making self serving, ethnocentric, arbitrary decisions affecting
>world trade and sticking with them ad nauseum.

Europe might well be "capable of making self serving" etc. decisions, but in this banana case clearly not. What we are getting, and paying for, is more expensive bananas of lesser quality. That's not exactly self serving now, is it?. And how about "ethnocentric", do you think those banana farmers are fat arsed Germans in lederhosen?

The point about the banana war is that it would be somewhat more intelligent to declare trade wars on, like, important issues. Some telecom standard quarrel might come into mind, for example.
Especially damaging it is to declare a trade war on an issue which amplifies the very worst views the Europeans have on the American politics. There is nothing here for the American workers or the American public in general. The beneficiary was clearly a distinguished millionaire, prominent lobbyist and campaign contributor. Contrast that to European public's willingness to eat worse and more expensive bananans in order to support family farms in developing countries and you start to get the picture.

- rajala