Euro-frozen Europe is proving new opportunities for Americans.
Austin, TX. (PRWEB) February 13, 2012
The serious negative impacts from Athens to Atlanta are revealed in the recent Absolute Wealth newsletter “No Place Like Home” by James Gorrie. Now although the wicked witch of recession is not yet dead, reveals the current Absolute Wealth newsletter “No Place Like Home”, there is something to be thankful for here in the United States of America. The reason to be thankful is, because as a Gorrie Details article published in an earlier Absolute Wealth newsletter, explained as the economy crashes in the Eurozone a decline in demand makes it less profitable to make things there, especially when the demand is drying up and the currency is melting into the streets.
The recent Absolute Wealth newsletter explains that there are now several good reasons to not base factories in Europe, because even European companies are moving cash out of Europe to safer, more stable areas. So with Europe’s problems come opportunities for the U.S., reveals the recent Absolute Wealth newsletter, but it’s not just a fractured, euro-frozen Europe that is proving new opportunities for Americans.
In Asia, the lure of China’s vast and cheap labor market is beginning to fade as the Middle Kingdom grows wealthier and closes its gates, explains the Absolute Wealth newsletter, because the fact is, manufacturing costs are not the advantage they used to be in China. Poor quality, manufacturing delays, rising labor costs, rising shipping costs, and the lack of legal recourse have all made China less of a bargain for American firms these days, reveals the recent Absolute Wealth newsletter.
Therefore, as bad as Europe is, and China is becoming, the upside is that corporate America may find that its own salvation lies, in America, reveals the recent Absolute Wealth newsletter. There are several factors at play that work in America’s favor, explains the recent Absolute Wealth newsletter, first as noted above, the nastiness in Europe has dampened demand for U.S. goods, and it looks as though that will be the way things are there for a while for many industries.
Read the rest of “No Place Like Home” by James Gorrie for more about the global storms that are re-arranging the economic landscape.
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