he yo nuh si di man dem tweek it and se di bottom 2% of a working requirement? lol, yo tink dem easy.
by di way, payroll and sales tax nuh count
Karl commenting on Maschaeroni's sending off, "Getting sent off like that is anti-TEAM!
Terrible decision by the player!":busshead::Laugh&roll::Laugh&roll::eek::La ugh&roll:
btw - On another note:
If history is any indicator...China shall rise, and then fall!
Is the USA falling?
This logic:
I know that companies deciding to move jobs offshore is complex...but it always has a lot to do with 'profitability'. If the cost of doing business in the good old USA is more expensive than offshore...then it would not be unreasonable to think that a business would be inclined to move offshore.
The US is and has for a long time been a high cost location, relative to places like China. However, when companies take US tech and transfer to China just to save a buck, US workers lose jobs and who will buy in the end?
Why would Stanley Tools keep operations and sales in the US, but put the HQ in Bermuda where they pay virtually no tax. Is that not parasitic?
Bronze age is a misnomer (People not suddenly going to "get ignorant" and lose all accumulated knowledge. He must mean the DARK Age, after the fall of the Lombardy Bankers in the 1400s.
No one knows the extent of the Derivatives poison and so its pointless to forecast the impact of the impending crisis. I HOPE that it will be managed to a firm, even hard landing, rather than a crash landing.
The real danger after that is the banning of leverage, so that entrepreneurship will lose a major engine of rapid growth...access to ample credit to foster rapid expansion.
Finally, unfair to compare to Japan. They had one MAJOR advantage... HUGE domestic savings to cushion them. The US has a NEGATIVE savings rate and the total debt, public and private dwarfs the annual GDP. Without leverage to boost growth, it will have to be worked off the old fashioned way and that could take decades.
This logic:
The US is and has for a long time been a high cost location, relative to places like China. However, when companies take US tech and transfer to China just to save a buck, US workers lose jobs and who will buy in the end?
Why would Stanley Tools keep operations and sales in the US, but put the HQ in Bermuda where they pay virtually no tax. Is that not parasitic?
Well, some say that the fast-growing Chinese and Indian middle class will more than compensate for the loss of buying power in the American middle class, so these global companies will always have a market for thier products. That may be so but thier culture of spending is not really the same as Americans so I guess we will see.
I do agree that the tax avoidance that some of these companies are allowed to engage in should be illegal though.
"It is easier to build strong children than to repair broken men" - Frederick Douglass
Thats true about the US level of debt making its situation potentially a lot worse than Japan. On the flip side they have a culture of entrepreneurship that is truly outstanding so IF credit is available in some form (even from the govt) they could recover faster than expected.
Truly unique times that we are in right now. The macro-economic history books will have to be re-written as this plays itself out!
"It is easier to build strong children than to repair broken men" - Frederick Douglass
check out freerepublic, dem make redstate look like a walk in the park. they were argung that Obama bused in people at is 100,000 rally in St Louis. that's the sane part. they said the shot was photoshoped and certain artifacts did not belong. LOL.
I found it strange when u used the bused in remark.lol.
Karl commenting on Maschaeroni's sending off, "Getting sent off like that is anti-TEAM!
Terrible decision by the player!":busshead::Laugh&roll::Laugh&roll::eek::La ugh&roll:
I know that companies deciding to move jobs offshore is complex...but it always has a lot to do with 'profitability'. If the cost of doing business in the good old USA is more expensive than offshore...then it would not be unreasonable to think that a business would be inclined to move offshore.
The US is and has for a long time been a high cost location, relative to places like China. However, when companies take US tech and transfer to China just to save a buck, US workers lose jobs and who will buy in the end?
Why would Stanley Tools keep operations and sales in the US, but put the HQ in Bermuda where they pay virtually no tax. Is that not parasitic?
mmmm? Two thoughts...i) who would be the consumers; ii) the whys and wherefores of moving off-shore?
The answer to one suggests - The 'emerging markets'...inclusive of that section of the US that benefits from movement of 'production - goods and services' - offshore.
...and the answer to the other returns to the attractiveness of 'production' being moved to 'lower costs' - matters not the reasons for this 'lower costs' - areas.
...and when does the producer's 'bottomline' ever take into account the idea of 'being parasitic' when it is about striving to keep the costs of production and cost of delivery of that product to the end-user as low as possible all in the name of maximizing the producers profits/keeping the shareholders happy?
"Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."
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