Design Con 2015

Is Outsourcing Dead (or Just Napping)?

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Ariella
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Re: Your Father is a very smart man.
Ariella   2/26/2013 1:47:12 PM
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@tech4people maybe we'll have to go back to bartering.

pocharle
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Re: outsourcing strategies
pocharle   2/26/2013 12:56:42 PM
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I agree. The best management teams involve more people in the process of making decisions. This way, there is no chance to say you were ignorant of the major concerns.

tech4people
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Re: Your Father is a very smart man.
tech4people   2/26/2013 11:32:48 AM
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Susan,

So sorry nobody asked you before handing your hard-earned Euros over to Spain and Italy.

Lol!!!

 

Susan Fourtané
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Re: Your Father is a very smart man.
Susan Fourtané   2/26/2013 11:08:15 AM
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Ashish, 

Oh, well. I am one of those tax payers. :(  But you know what? I have some other more important personal issues to take care of and solve instead of solving the economy of Spain. 

-Susan

tech4people
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Re: Your Father is a very smart man.
tech4people   2/26/2013 11:00:49 AM
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Susan,

I heard your rationale out the first time.

What you are missing out is on the GIGANTIC Debt Burden that the Spaniards and Italians have taken on(not to mention the Greeks) which have no hope of Paying back.

Austerity is NOT Working.

Atleast that's the conclusion from the Italian Elections.

To get an Idea how crazy the Debt Burden of the Italians and Spaniards is today.

Check this chart out from the ECB themselves.

http://www.ecb.int/press/pr/date/2013/html/pr130221_1.en.html

This is Debt which just the ECB holds.

Then you have the French,German and Dutch Banks....

Now you know why the Euro has collapsed in the last two days!!!

Now even the French Industry Minister wants to Devalue the Euro...

I feel sorry for Taxpayers in Germany,Finland,Holland,Luxembourg and Austria.

You guys are gonna lose .LOSE BIG in the coming Debt Restructuring Process.

 

Regards

Ashish.

 

 

 

Susan Fourtané
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Re: Your Father is a very smart man.
Susan Fourtané   2/26/2013 10:46:18 AM
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Ashish, 

I don't think the peseta will be values as the euro. I just think it's expensive for a country to change currency again. Well, as I said, you know better about these issues. 

-Susan 

Mr. Roques
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Re: Your Father is a very smart man.
Mr. Roques   2/25/2013 2:49:09 PM
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How much does closeness to other suppliers affect the decision? If you had the same factories and (trained?) staff from China (with the same costs) in the Western Hemisphere.

Jacob
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Re: Outsourcing and scopes
Jacob   2/25/2013 3:00:14 AM
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1 saves

Brain, would you think that labour costs are the only factors, NO. There are different other costs like working cost/running cost and various other overheads like tax, availability, transportation etc can make the process tidy.

tech4people
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Re: Your Father is a very smart man.
tech4people   2/21/2013 8:29:09 AM
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Syed,

No the New Currency WILL FALL against the Euro.

Let me give you an example-Let's say Spain's Debt held Externally by Banks in France and germany is 100 Billion Euros.

The way they would tackle the situation is by first ;Annoucing Aggressive Capital Controls[To prevent any Money from Exiting Spain];then they would re-introduce The Peseta as the Currency in which all our Debt which was previously denominated in Euros will now be Denomiated and repaid in Pesetas(which will start trading in Global Market on 1:1 with the Euro).

Instantly,there would a be a rapid Devaluation of the Peseta in the Market of close to 40%-50% or so.

Which would mean 1 Euro would become worth about 2 Pesetas.

This will instantly HALVE the Debt they have to repay (in terms of Euros).

Of course,there will be Negative consequence of such a drastic move.

1)Spanish Inflation (on Imported Products) would be much higher.

2)Spain would lose access to Global acccess Temporarily and be totally Dependent on IMF Aid in the Interim period.

3)Banks in Germany and France will see massive Losses as well as some Banks will fail;this could also end up putting the very existence of the Euro under threat.

 

But the impact on Spain's Economy (to be freed off all that Debt) would enormous.

The Spanish Government would be free to not only Print its own currency but also to Lend money wherever it sees fit(as against now where Germany and France are calling the Shots).

 

This Debt Burden(on Spain)needs to be wiped out sooner rather than later.

Else Spain will never Grow again and the Human tragedy will continue to escalate out of all proportion.

 

syedzunair
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Supply Network Guru
Re: Your Father is a very smart man.
syedzunair   2/21/2013 2:40:16 AM
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tech4people:

You may be correct. Like, I said earlier I am not a pro on economy and financial policies. 

However, what clicks me is that they can't produce any jobs today because of the burden on them by the banks. If the shift to the Peseta their debt would fall? You are saying that the Peseta would be a currency valued higher than the Euro?

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