Quote: Originally Posted by SirFrancis2004
JLM, db can try to scare you all she wants but the reality of outsourcing has been a reality of High Tech for about 10 years on the scale that it impacted NA. We could never produce the 1,000,000 pcs volumes here and that is why Korea was the market in the past and now China is our present market of choice. The next market is believed to be subdivied back into 3 segments IMO.
A mix of China / India for the Asian market space
South America for North America
Africa ( stable countries ) for Europe
Reality is we cannot afford to transport product from Asia around the world in ships if fuel rises again. It is also a reality that these other countries can compete on a dollar to dollar aspect to China who has had a spiking rise in personal income.
Meeting carbon and resource transport makes this more a reality for these products.
In North America we have already seen a shift back to Mexico and South America of some high volume production. Dell as an example now makes computers in Mexico to cut fuel costs..
I'm pretty sure db is a he
and not a she. Though I agree with much of what
you say, here's a piece of irony. I have a friend who's very well off and actually
reminds me very much of Dexter Sinister on this forum, as he's also a former
engineer. This guy realized that something was wonky in the markets a couple
of years ago and made what seemed like some strange investments at the time.
This guy never invested in oil, but in companies that shipped oil. Pipelines and
ships and such. He made $$$ when oil was priced very high, and right now he's
making $$$ with oil priced very low. Becouse it is priced so low, oil is being
bought and horded until the price goes up and places to store oil have run out.
Some oil tanker ships are actually fully loaded and just slowly sailing around 'cuz
the fuel to move them is less cost than harbour fee's to have them sit (as mobile
storage tanks) until the price goes up. Tanker ships cruising slowly in big lazy
circles without unloading or docking anywhere makes him as much money as
when they're hauling lots of loads of oil, 'cuz the ships are still loaded with
someone elses oil. I know this is off topic, but a good story
and shows the
carbon footprint concept vrs a finacially relevant perspective.