Hmmmm, separated at birth?
Posted on 04/19/2008 12:28:30 AM PDT by TigerLikesRooster
Ping!
If a foreign factory makes a product under an American brand name is it considered an import? If the US company owns the foreign factory or a large share of it, is that also considered an import? How does that affect the trade deficits?
Globalization has turned things on their heads.
Soros can kiss my American dollar.
Un-American sleazeball.
Does anyone else today, look more like Liberace?
U.S. have had steady inflow of foreign money into U.S. financial markets which could offset the effect of trade deficit. Foreigners bankrolled U.S. consumption for some time. Now that link is under threat.
I guess there are some benefits to having George Soros own the United States political class. The Russians were smart. He tried that there and they ran him out of town on a rail.
You know what this means!!! Soros is now looking to go take profits on his short dollar positions (or even go long) and wants to talk it up.
sore-ass ~ an extemely wealthy jimmah carter....anti-semetic/anti-american/pro muzzie terrorist....hell bent on the downfall of the USA!!!
Yes on both questions of imports. If the foreign factory is a 100% wholly owned subsidiary of a US corporation, its products are also considered imports, even though all the profits flow back to the US.
It does skew the actual trade deficit quite heavily...
Love your screen name- Jungle Love, right?
Hmmmm, separated at birth?
If we passed the Fair Tax, it would fix that instantly. Worldwide industry would come rushing back to the US.
Translation? I’ve made as much as I can selling the dollar short, now I have contracts due on the fall of the Euro.
Yea. After he shorted the dollar and made enough to fund the next 3 Presidential campaigns for the Dems.
Soros is an a$$hole but on this I think he is correct. The Euro is not backed by any one country and is backed by nothing but thin air. As far as that is concerned, neither is the dollar anymore.
I guess we will have to go to the Peso.
The only thing about it that worries me is that Soros is such a nut. I am not sure I would rely upon a nut’s predictions.
You’ve got it nailed. He’ll be loaded up on cheap dollars and will now talk the euro down and make a killing. It’s the same game he’s been playing for a long time.
But he’s a nut with a history of being correct (when it comes to issues of Money & Investment).
Thanks,but actually I'm not that hip. I'm going to have to find Jungle Love and memorize it, some people have also asked me about it. "I thought it was from the Wizard of Oz" said I, red faced.
When I worked IT, I usually named applications and jobs something I could easily recognize. I used EIEIO primarily and thought of using that as a screen name, however then people would have thought I was in farming. Another one I used was dobdobdo (do b do b do), God knows what they would have thought I was into then.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.