Showing posts with label asia. Show all posts
Showing posts with label asia. Show all posts

Thursday, July 22, 2010

Emerging Markets vs. U.S.Markets

Good news from multinationals about their emerging market performance is lifting stocks this morning. Three M and Caterpillar both are boasting about sales and are lifting prospects about their emerging markets stakes. Both companies are not optimistic about U.S. domestic sales. Asia is where the jobs are being created.Our job market is being sucked lower because of the industrial revolution over there and the following creation of the new Asian middle class. Industry here is moving jobs over there. Our middle class is disappearing like the jobs.

This will put enormous pressure on the financial system here because of the huge debt load that has to be serviced. Also race, gender, cultural relations will heat up because of immigration,affirmative action and entitlements that are part of the non-competitive business paradigm that exists in U.S. Let's also not forget the roving lawyers with their monoply and cartel powers that make doing business in America such a crap shoot. But the biggest threat will come from the approaching trade wars

Thursday, March 11, 2010

Citigroup Wants To Concentrate On Emerging Markets

Today Citigroup's CEO Vikram Pandit was talking up the prospects of his bank. He said it would soon be profitable. He also said that going forward he wanted to concentrate his banks activities and loan portfolio in favor of "emerging markets".

One of the problems with America's weak recovery is a lack of credit that is available to small and large business. Also this is the same bank that received over $45 billion from the American taxpayor. But he wants to go to Asia with his best efforts. 

Go to hell Citigroup.

Tuesday, July 10, 2007

Madonna & Missed Opportunity At Live Earth

Why was there no talk about human overpopulation at the Live Earth venues? The rock stars and politicos only addressed global warming. But global warming is only an effect of the problem. The cause of global warming,rampant extinctions and other scourages is the consumer habits of the overpopulated human species. Hundreds of millions of people with obviously nothing better to do were listening. These are some of the ones who should have less children. What a missed opportunity.

Madonna should have been the keynote speaker about human overpopulation. She could have spoken like this, "You all know me. I have had sex with most all kinds of people. Here's a partial list: NBA numbskulls, Puerto Rican greasers, trembling lilly-white choir boys, boisterous bisexuals, lesbian groupies etc. But I only have 2 children. Are you listening Africa and Asia? No more of 3-10 children per breeding female. Hey, you would be able to buy and listen to my records with the extra money and time."