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To: expat_panama

And what wealth is created by “the right patents, efficiency studies, good transportation, a top notch sales force, and oh yes —investors. “ without manufacturers?

I did say ‘mostly’.


18 posted on 10/02/2015 3:57:50 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: mrsmith
I did say ‘mostly’.

Yeah, I know, the services couldn't exist w/o the factories, and next we'll hear from the farmers that the factories couldn't exist w/o food, and then we'll hear from all the mothers--  we know that.  What also got to know is that if a factory that does not have “the right patents, efficiency studies, good transportation, a top notch sales force, and oh yes —investors“ then it may or may not produce more than a few machines and it definitely won't stay in business for more than a month or two; but some other factory that does have those things will thrive.

We like to think that when we buy a car that the car is mostly made of steel, rubber, and plastic.  Most folks don't realize that GM's largest single supplier isn't steel or rubber, it's insurance.

19 posted on 10/02/2015 6:49:40 PM PDT by expat_panama
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