OUTSOURCING A ONE WAY TICKET TO LOSING ALL CONTROL
Poor old Boeing; by the time it settles the penalty payments with all the carriers who will be waiting additional years to take delivery of the 787, it may be years before they are able to declare a dividend. Added to this, fortunately on a smaller scale is the same set of circumstances for the [...]
CHINA BUYS THE WORLD
That is the front cover story of this week’s Fortune magazine. How crass is that for a headline? If that is the case it appears this rogue nation and enemy of America have caught the Wall Street “bug”. Apart from 150 billionaires and a few other wealthy crooks, 99.9% of China’s population lives below the [...]
CHEAP AND POOR QUALITY CHINESE TIRES MAY HERALD THE START OF PROTECTIONISM
I salute President Obama for his decision to apply the first tariff to some Chinese-made junk America truly does not need. I remember starting about ten years ago and the still ongoing lawsuits throughout the country Ford and Firestone are facing over producing Explorer SUV’s with unsuitable tires which supposedly affected the vehicle’s stability at [...]
TRY SELLING A CADILLAC TO JAPAN
Oh what a shame Toyota and their fellow brethren now fear Detroit bias in Washington. Thirty years ago they sneaked in through the back door and deliberately undercut the big three with predatory pricing and GM went from over 60% market share down to 20% where it is today. They soon realized that having their [...]
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