|
PureBytes Links
Trading Reference Links
|
Sure it will be cheaper to buy goods in Asia, but at the expense of lower
profit margins, lower revenues and of course lower net income, combine that
with
the weak currencies in Asia spells some trouble for US companies that
manufacture
in Asia. Their people will have less money to spend and will buy domestic
goods
as opposed to buy imports. The US has always been at a disadvantage when
trying to export to Asia, they do not play fair when it comes to importing our
goods, but they want us to buy their goods and more importantly, want our
money when their
economic infrastructures fail. Uncle Sam put up the majority of the bulk of
the IMF funds sent to bail out Asia. And the last time I check Coca Cola was a
growing in popularity in Asia, even China is beginning to import Coke and
other products.
William
|