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Originally Posted by Linkster
Less than owned by the US - I believe China is fourth after the US, Japan and Singapore in investments in Thailand - but then China is pretty smart and will increase that in the future.
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but do you think this companies wuld went to thailnd if they can produce in US on the same price?
i live in thailand the most time of the year and i see what prosperity means. it does not mean to make a lot of money - it means that you can buy a lot for the money you make.
so even if the income in US increase 100% it will not give you any better life if the prices will double up too.
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Which kind of begs the question of what is your point?? The US has huge investments there that won't be going anywhere - it's the gateway to a billiion people in Asia that no US company is going to give up
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correct - and btw - if you know how that is handled usually in asia - sure this companies do pay tax here but AFTER reducing their costs. one part of the costs is going back to US for so called "namelicences". that means that us have incomming money from this markets and not little.
also the technology these companies are using here comes from US. and the technology from the german companies comes from Germany and it is PAID WITH MONEY from the ASEAN market.
sure the buying power in asi ist not similar to the 35.000 dollar per head of each of the 350 americans but asia have 4,4 billion citizens and even when each one have a tenth of the american buying power the market volume is much higher as in USA.
trump is on the best way to lose all that and force the rest of the world to get nearer to each other to fill out this hole. but who will get hurt at the end?
for me he is not in the near of a good economist - he might be good as a corruptionist.
greetings
thommy