ExOut

Japan to the U.S.: 'We Don't Want to Exclude You, But...'

Oooo! I got a name for this! How about "Greater East Asia Co-Prosperity Sphere"?

Deficits and the Dollar's Declining Value

Why does everyone seem to forget that the dollar was purposefully devalued in 1985; partially to contend with the huge trade deficit with Japan? Plaza Accord anyone?

Wal-Mart's Health Care Coup

Hear hear! Same thoughts on my part when I saw this.

I hope someone in the political sphere pries into their motivations; unfortunately, this is unlikely IMHO.

U.S. Debt Burden: Negotiate, Inflate or Repudiate?

That reminds me of some comedian's joke from the 80s (back when Japan was the boogie-man):

"So we owe all this money to Japan. Some day they'll come by and say, 'Okay, you pay us now!'

And we'll say, 'Well we don't have the money, but we do have these nuclear weapons...'

And then they'll say, 'Oh, okay, well that's fine! Take your time, don't worry...'"

Lest we forget also, to paraphrase: "When you owe the bank $10,000, that's your problem; when you owe the bank $100 million, that's the bank's problem."

And finally, as Mel Brooks said, "It's good to be the king!"


On Apr 03 03:15 PM Socialism cannot compete! wrote:

> Key point to ponder -- in the past, national debt was largely owed
> to the people of the U.S. Now, it's largely owed to China, Japan,
> etc. Repudiation is less of an option now, given that. And as for:
>
>
> "I think the national debt, corporate debt and personal debt are
> all ultimately claims on the same thing: the future productive work
> of taxpaying US citizens."
>
> National debt is when government spends too much. Of COURSE it's
> a claim on taxpaying citizens. Is not the obvious issue the need
> to cut spending rather dramatically???

Twitter, Facebook Grossly Overvalued: 'Build Traffic and the Profits Will Come' Isn't True

Maturing? iNet advertising is mature. When I lived in Bushwick Bklyn in a Spanish neighborhood I would get Spanish-language ads delivered to me... and that was two years ago...

Five Predictions for This Market

Look.

Let's talk Patrick Ewing...

Signed,

Unfortunate Knicks Fan

China Wants to Ditch the Dollar

That's great, but... who controls the IMF?

Why Good CEOs Make Bad Moves

@bobbobwhite:

Your post illustrates what's wrong in this day and age: "It's not my fault, THEY made me do it." What about personal responsibility?

@trademetrademe:

I agree--there's no such as "a good leader who makes bad decisions". As Forrest Gump said, "Stupid is as stupid does..."

The Coming Death of Indian Outsourcing?

@casual observer:

You are missing the point that the huge time gap and physical distance increases communication difficulties exponentially. Without the large wage savings, the value-add of outsourcing disappears well before the so-called 2015 break-even point.

@User 159537:

Althought that's a great marketing spiel, it doesn't bear out to be true based on my own experience and others' experience (I worked w/ an outsourcing company for three years). The quality of work is the same; this has always been purely a wage arbitrage situation; please note outsourcing exploded in 2000-1 for a reason!

@User 159569:

Although valid to some degree, infrastructure issues already are cropping in those Tier I cities. What is the quality of infrastructure for the other cities? If this was the case wouldn't TCS et al. be deploying more of their efforts into those cities?