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Japan's Cash For Clunkers Program

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Comments

  • fintailfintail Posts: 33,707
    If we fail, they fail....so they have to be careful.

    Of course, there's not going to be a Chinese cash-for-clunkers program anytime soon.
  • rockyleerockylee Wyoming, MichiganPosts: 13,989
    edited February 2010
    LOL :D

    -Rocky
  • I like to call it Mutually Assured Economic Destruction or MAED.

    The people stamping their feet saying China has too much power of us forget that we have power over them as well.

    When you owe 100,000 dollars to the bank and can't pay then that is a problem for you.

    When you owe 100,000 million dollars to the bank and can't pay then that is a problem for the bank.

    Same situation we have with China.
  • fintailfintail Posts: 33,707
    And we're also the key dumping ground for the stuff made in their factories. They want us to be relatively happy and healthy, as via this comes their own health. They understand
  • anythngbutgmanythngbutgm Posts: 4,175
    link title

    New imported vehicle sales in Japan, including cars made abroad and imported by Japanese automakers, jumped 16.9% in February from a year earlier to 14,433 units, posting a year-on-year increase for the fourth month in a row, an industry body said Thursday.
  • surrfurtomsurrfurtom Posts: 124
    When you are the top dog only a fool would give away that negotiating point. Wal-Mart always used its position as the leading retail marketer for manufactured consumer products, to demand heavy concessions from producers. If you as XYZ producer wanted to sell to Wal-Mart you had to bare bone your costs, package it the way they want it, use RFID, and sometimes off shore your production to China so that it can be sold to them for even less among other concessions.

    For decades (but now ending) the USA was the top dog market in the world for consumer products, and what did our leaders do to leverage that power? Instead of demanding concessions for open markets from our trade partners they did nothing. They gave away our nation and economy to China and Japan and every other country but failed the US people. I don't see it at all as unfair to state that many in Congress and our Presidents worked against the interests of the US people. By definition that makes them traitors.

    Traitor def: 1 : one who betrays another's trust or is false to an obligation or duty http://www.merriam-webster.com/dictionary/traitor
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