Manufacturing 2.0
Rock River Valley manufacturing experts discuss the many facets of manufacturing: technology, education, training, events, people and any other aspects of this important segment of our economy. They’ll use this blog to get the word out and solicit feedback on local and global manufacturing. They hope to better engage our employers, employees and our future work force and increase their understanding of manufacturing. |
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7 comments October 22nd, 2009
Well, this depends on which side of the pond you are…here in the US, this makes our exports cheaper. But if you were to travel to Europe, it would be more expensive.
On the other hand, Europeans coming to the USÂ for holidays would find us pretty cheap.
The downside is that US assets (as in companies, land, condos) would find us a good bargain and we could be bought out pretty quickly. So what do you think?  Euro
Add comment October 18th, 2009
If the weak pound will help UX exports, the same reasoning will help US exports…. pound
Add comment October 18th, 2009
Not as easy as it may sound.
“Many foreign firms, of course, are doing well in China, especially at the two extremes of the value chain: things like luxury goods, fibre-optic cable and big aeroplanes on the one hand, and oil, ores and recyclable waste on the other. But in between, both explicit legal impediments and hidden obstacles continue to hamper access to Chinese customers, despite China’s promises of reform when it joined the World Trade Organisation (WTO) in 2001. Publishing, telecommunications, oil exploration, marketing, pharmaceuticals, banking and insurance all remain either fiercely protected or off-limits to foreigners altogether. Corruption, protectionism and red tape hamper foreigners in all fields.
Recent reports from three lobbies for foreign businesses, the American Chamber of Commerce in Shanghai, the European Chamber of Commerce in China and the US-China Business Council, bear out this gloomy view. Their biggest gripes have nothing to do with typical business concerns, such as the availability of good staff or high costs. Instead, they complain about subsidised competition, restricted access, conflicting regulations, a lack of protection for intellectual property and opaque and arbitrary bureaucracy”. Read the story here
2 comments October 7th, 2009
The price of gold is surging on world markets amid fears that the old economic order based on the supremacy of the US dollar could be breaking down.
A new spike has sent the cost of the precious metal to a level not seen before. The dollar slid sharply after yesterday’s report in The Independent that Gulf Arab states are secretly planning to stop trading oil in dollars, and a senior UN official said that the US should be stripped of its position as the main source of currency reserves for other countries.
The developments come on top of speculation that the Obama administration is operating a policy of benign neglect of the dollar, engineering a devaluation that could help repair some of the economic damage caused by the recession….see rest here… Gold
So will this be good for exporters? And make imported goods more expensive and maybe shift more production into the US?
Add comment September 24th, 2009
First tires, next is paper… Â Paper
3 comments September 21st, 2009
With the G-20 meeting this week in the US, this issue will cause some heated discussion. Question for us is, what will it do for our ability to export our locally made products?  here
Add comment September 21st, 2009
China has proposed that developed nations contribute 1% of gross domestic product to subsidize efforts by poorer nations to cut carbon-dioxide emissions. That translates to more than $140 billion for the U.S. alone. U.S. climate envoy Todd Stern says the Chinese proposal is “untethered from reality.”
YOU GOTTA BE KIDDING!! payhere
2 comments September 20th, 2009
Another view of the tire tariffs.. Tires
Add comment September 17th, 2009
The other side of the issue… Â Buy
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