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Lugal Zaggesi

(366 posts)

5. Most of these companies are based in other countries

Reply to bluesbassman (Original post)

Wed Jul 24, 2013, 09:23 PM

Jul 2013

Honda at 103%, Nissan at 98%, Toyota at 99%, Volkswagen at 90% and an assortment of others, 98%.

When Intel utilizes its factories in Indonesia at 103%, that doesn't necessarily help the Indonesian economy that much.

It's much better to OWN the factory, than to have a low paying job inside it.

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Auto Sales Are In Overdrive As Detroit Goes Bankrupt [View all] bluesbassman Jul 2013 OP

Much of those profits are sales in China. If it weren't for QE, we'd still be in a depression, and leveymg Jul 2013 #1

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because the plants Niceguy1 Jul 2013 #3

Paying labor $12.50 an hour helps warrant46 Jul 2013 #4

Most of these companies are based in other countries Lugal Zaggesi Jul 2013 #5

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