Is Outsourcing Dead (or Just Napping)?

NO RATINGS
View comments: newest first | oldest first | threaded
<< First   < Prev   Page 2 of 6   Next >   Last >>
tech4people
User Rank
Supply Network Guru
Re: Your Father is a very smart man.
tech4people   2/20/2013 3:36:19 PM
NO RATINGS

Syed,

In case you Don't know this-

One in Three Spanish Residents of Working Age DOES NOT have a job today.

Also,

More than One out of every two Young Spanish Citizens DOES NOT have a job today.

And if you thought the Government would be in a position to help them out by Giving them Unemployment Insurance or somehow Generating more Jobs-You thought wrong.

Why is that?

Because of their Insurmountable Debt Burden of the Spanish Govt.

Debt that is denominated in Euros and owed to German and French Banks.

 

If they do Default on their Debt and move to the Peseta,that would mean that their Debt Burden would fall by more than 40% today!

Which immediately frees up resources for Growing the Economy.

Of course they have to do it in organized fashion with Backup from the IMF like how Iceland did it.

But it would work for Spain.

Spain would be booming again within 2 years of this happening as Exports would soar dramatically and the Service Sector would pick up too.

The time for this drastic decision is today.

Otherwise Spain will see the Mother of all Revolutions probably marked by Tremendous Bloodshed to achieve the same Target-Devaluation.

 

Susan Fourtané
User Rank
Blogger
Re: Your Father is a very smart man.
Susan Fourtané   2/20/2013 3:27:41 PM
NO RATINGS

Syed, 

Yes, I know. I just changed the smiley to a :P 

-Susan

syedzunair
User Rank
Supply Network Guru
Re: Your Father is a very smart man.
syedzunair   2/20/2013 3:22:02 PM
NO RATINGS

tech4people: 

Yeah, it seems like everybody is counting on the IMF to bail them out. 

Their economy is on the deathbed and I agree they have to take drastic measures to revive it. What I had in mind was to somehow churn up the wheels by manufacturing or the service industry. Is it possible? Or have they gone to the point that inflating currency is the only solution?

syedzunair
User Rank
Supply Network Guru
Re: Your Father is a very smart man.
syedzunair   2/20/2013 3:19:40 PM
NO RATINGS

Susan: 

Yet again, we are in agreement. 

syedzunair
User Rank
Supply Network Guru
Re: Your Father is a very smart man.
syedzunair   2/20/2013 3:18:33 PM
NO RATINGS

Susan:

It seems like it. I wasn't good with economics either. Let's rest this one here. 

syedzunair
User Rank
Supply Network Guru
Re: Your Father is a very smart man.
syedzunair   2/20/2013 3:17:12 PM
NO RATINGS

Susan:

Probably, true.

Ashish, must have his reasons for not agreeing with us. I am sure it has nothing to do with the place. 

tech4people
User Rank
Supply Network Guru
Re: Your Father is a very smart man.
tech4people   2/20/2013 2:42:59 PM
NO RATINGS

Syed,

Even if they do leave the Euro,The IMF will be their to support them!

Don't worry about that issue!

Right now,the Spanish Economy is on Death Bed.

Drastic Solutions are essential and this is one which has the Highest chance of working-Look at How Iceland is rebounding after it Defaulted on the Debt it owed to Britain and Holland!!!

 

Susan Fourtané
User Rank
Blogger
Re: Your Father is a very smart man.
Susan Fourtané   2/20/2013 2:29:58 PM
NO RATINGS

Syed,

Yes, expensive and unfruitful. I agree again. 

-Susan

Susan Fourtané
User Rank
Blogger
Re: Your Father is a very smart man.
Susan Fourtané   2/20/2013 2:26:56 PM
NO RATINGS

Syed, 

I agree with you. I also think it would be a mistake if Spain comes out from Eurozone now. But as I said earlier, this is not my strong topic. I don't even know why we are discussing about this here. :/ 

-Susan 

Susan Fourtané
User Rank
Blogger
Re: Your Father is a very smart man.
Susan Fourtané   2/20/2013 2:23:50 PM
NO RATINGS

Syed, 

I think it's worldwide, not only Europe. But Ashish likes to be against Europe. :P  

-Susan

<< First   < Prev   Page 2 of 6   Next >   Last >>


More Blogs from Brian Fuller
The semiconductor industry needs to make big changes to ensure success.
If it's going to be mainstream, solar just has to get more efficient.
Today's students are tomorrow's engineers. Here's a look at the history of the effort to get students into STEM.
A quick conversation with a leading engineering educator about a couple of hot topics: the state of basic research and aircraft innovation.
If innovation is going to be more than just a buzzword, you have to put your money where your mouth is.

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 8/20: Supply Chain Trends to Watch for the Rest of 2014
The supply chain hasn't quite reached the complexity of global phenomena like weather. So we've asked Jim O'Reilly to predict trends while answering your questions.
Live Chat 7/24: Effective Channel Management
Joe Alphonse and Tom Howell of Revitas discuss how to implement an effective channel management strategy.
Latest Poll
The Velocity Report Archive
Click here to see our newsletter archive.
EBN Newswire
VÉLIZY-VILLACOUBLAY, FRANCE   7/24/2014
Dassault Systèmes to Acquire Quintiq
THIEF RIVER FALLS, MN   6/26/2014
Digi-Key Employees Advance Education & Employment ...
Twitter Feed
EBN Online Twitter Feed