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  • We’re downgrading China’s growth and currency as challenges mount

    From think.ing.com

    Let me give you just a snapshot of some of the big problems China is facing right now. In July, the major city of Zhengzhou suffered from serious flooding. Zhengzhou is known for its smartphones and semiconductor production. The floods hit factory operations and intensified chip shortages. As a result, we can expect higher prices for our hand-held devices. A month later, China suspended some sea and air freight around Shanghai due to a new breakout of Covid-19. This resulted in major congestion affecting the import of commodities and the exports of goods and parts. We don't expect things to ease there until late ... (full story)

Hmmm...me thinks it's time to move some factories to other places rather than China.
Quoting fxsport
Hmmm...me thinks it's time to move some factories to other places rather than China.
It's time that America and Canada take their jobs back. I think that is exactly what is happening and it will happen. Not going to happen over night, but it will happen.
Quoting Techanalyst
{quote} It's time that America and Canada take their jobs back. I think that is exactly what is happening and it will happen. Not going to happen over night, but it will happen.
Why do people think like this? What? You think North Americans are fighting tooth and nail over $2 dollar/hr iPhone assembly jobs?

Those jobs are going to South Asia and South-east Asian countries. If they ever stop making things abroad in developing countries, that's because they've found ways to automate it, either way it means that those jobs are never coming back.
Quoting Techanalyst
{quote} It's time that America and Canada take their jobs back. I think that is exactly what is happening and it will happen. Not going to happen over night, but it will happen.
Lol amrica and canda has no such capacity to compete china in industrialization.
Quoting lcy723
{quote} Why do people think like this? What? You think North Americans are fighting tooth and nail over $2 dollar/hr iPhone assembly jobs? Those jobs are going to South Asia and South-east Asian countries. If they ever stop making things abroad in developing countries, that's because they've found ways to automate it, either way it means that those jobs are never coming back.
The jobs will be back here. We won't be working for $2/hr here in North America. No cheap labour here, they will be paying $20/hr and up. It's how it works here.
Quoting XharpScalper
{quote} Lol amrica and canda has no such capacity to compete china in industrialization.
I agree, that is why we will take the jobs back here.
  • Post #7
  • Quote
  • Edited at 11:09am Aug 24, 2021 10:18am | Edited at 11:09am
Quoting Techanalyst
{quote} I agree, that is why we will take the jobs back here.
Cannot... just don't even try. Will these americans work for 2$ per hour hard intense labor job?
Quoting Techanalyst
{quote} The jobs will be back here. We won't be working for $2/hr here in North America. No cheap labour here, they will be paying $20/hr and up. It's how it works here.
Not gonna happen, unless America goes full protectionist mode and imposes blanket tariffs on the entire world. Nike has moved at least 30% of their production capacity to Vietnam. Apple has also diversified iPhone and iPad production away from China to other low-income countries like India and Vietnam. It's not conjecture, it's already in process.
Quoting XharpScalper
{quote} Cannot... just don't even try. Will these lazy ass americans work for 2$ per hour hard intense labor job?
First of all no reason to curse, be professional and mature. Or I won't respond to your useless idiotic messages.
They are not lazy, they work. I live in Canada and have travelled to USA. Everyone works here very hard. But they demand higher salary, because we like our lifestyle luxury here. We are democracy here and we do not work for cheap. But when we are awarded here, we do work hard. Yes we can take our jobs back and that is exactly one of the things that is happening in economy today. We will take our jobs back. Not all of them but most of them we will. And no we won't work for $2/hr, it will be $20 and up. But both will be winners North America and China. Business as usual. As I see you are from Pakistan, and I understand that you have major issues with water, what is your country doing about that?

Water crisis looms large in Pakistan, may face absolute scarcity by 2040. Amid the rising population and climate change, the availability of fresh water is becoming worrisome in South Asia, particularly in Pakistan, which may face absolute water scarcity by 2040.
Quoting lcy723
{quote} Not gonna happen, unless America goes full protectionist mode and imposes blanket tariffs on the entire world. Nike has moved at least 30% of their production capacity to Vietnam. Apple has also diversified iPhone and iPad production away from China to other low-income countries like India and Vietnam. It's not conjecture, it's already in process.
It's happening already. Jobs are coming back in North America.
Quoting Techanalyst
{quote} First of all no reason to curse, be professional and mature. Or I won't respond to your useless idiotic messages. They are not lazy, they work. I live in Canada and have travelled to USA. Everyone works here very hard. But they demand higher salary, because we like our lifestyle luxury here. We are democracy here and we do not work for cheap. But when we are awarded here, we do work hard. Yes we can take our jobs back and that is exactly one of the things that is happening in economy today. We will take our jobs back. Not all of them but...
Kindly don't mind if i tell bitter reality , however good luck with shifting factories back to US and Canada.
What Pakistan will face is not an issue here. My country is a third word country enslaved in foreign debts we work hard here at very minor compensations do you want be like this are your governments becoming corrupt like ours?
Quoting Techanalyst
{quote} First of all no reason to curse, be professional and mature. Or I won't respond to your useless idiotic messages. They are not lazy, they work. I live in Canada and have travelled to USA. Everyone works here very hard. But they demand higher salary, because we like our lifestyle luxury here. We are democracy here and we do not work for cheap. But when we are awarded here, we do work hard. Yes we can take our jobs back and that is exactly one of the things that is happening in economy today. We will take our jobs back. Not all of them but...
Firstly I like your energy but I think we will have to agree to disagree.

Some jobs may return to NA (North America) but the majority won't. Textile jobs are too labor intensive and low skill to perform here in NA. There may be companies willing to invest in the automation to bring chips back to NA but clothing apparel - forgetaboutit.
Guess the maga virus had indeed spread further than I though it would be.....mcga??? Wow......

Making one's country back is not about taking jobs back from developing country, otherwise all these so called developed countries would be back paddling into dominion of cheap labour.

Paying hefty labour costs to mcga....what a joke that sounds, how do one stay competitive if one is paying minimum 10times on labour costs.

These nonsensical maga, mcga shouting needs to be buried and soon. Making a country great ain't achieved through such petty fights of jobs.

If you can get the Board of each company who manufactures and assembled in other countries to agree to your stance, then perhaps you can start shouting maga, mcga......otherwise, it is just a waste of time.
Quoting Techanalyst
{quote} First of all no reason to curse, be professional and mature. Or I won't respond to your useless idiotic messages. They are not lazy, they work. I live in Canada and have travelled to USA. Everyone works here very hard. But they demand higher salary, because we like our lifestyle luxury here. We are democracy here and we do not work for cheap. But when we are awarded here, we do work hard. Yes we can take our jobs back and that is exactly one of the things that is happening in economy today. We will take our jobs back. Not all of them but...
we will take our jobs back?? hahahaha.... you sound entitled and clueless, NIKE or Apple are responsible for their shareholders interest and not Americans or Canadians , and remember they are for profit and not for that American first BS & they are making more money overseas than in US
Quoting 30pips
{quote} we will take our jobs back?? hahahaha.... you sound entitled and clueless, NIKE or Apple are responsible for their shareholders interest and not Americans or Canadians , and remember they are for profit and not for that American first BS & they are making more money overseas than in US
Nike is not the only thing you rookie. Im talking about manufacturing. Things are changing and North America are taking their jobs back. Watch and learn rookie.
Haha oh boi things are changing US and CA labor market will take over you know that.
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  • Posted: Aug 24, 2021 9:16am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 16  /  Views: 1,402
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