To: XBob
Sorry, I disagree. I spent enough time in 3rd world countries to know that there are lots of people with lots of money in these countries
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A few oil shieks buying sports cars won't get you anywhere. To have a strong market it is necessary to have a population with approximately the same median income as we have had here.
149 posted on
01/01/2004 7:40:47 PM PST by
RLK
To: RLK
149- "A few oil shieks buying sports cars won't get you anywhere. To have a strong market it is necessary to have a population with approximately the same median income as we have had here."
Sorry - normally I agree with you, but that is not the point I was making. You really need to learn a bit about the real way the world is. Cars were only a simple example. However, the only countries in the world which have similar incomes to ours are European and Japan. They have relatively large middle classes, who can afford to buy our stuff, which generally, they already make.
The rest of the world is made of countries with rich and poor, and little middle class. That means that we are cut out of about 85% of the world markets by these various tarrif and other walls.
As long as we fail to insist on pulling down the barriers, we won't have the markets.
Egypt is not full of rich oil shieks - in fact it is a poor country, which must import oil. But, because of the economic system, there are a relatively large number of relatively rich people, who could afford to buy what we make, if their tariffs didn't discriminate against us.
If I remember, the GM dealers in Egypt sold 170 cars in 1994, while the Mercdes dealers sold around 80,000+ that same year.
156 posted on
01/01/2004 10:32:43 PM PST by
XBob
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