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Bridge loan to nowhere..
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BAR[_3_]
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First recorded activity by BoatBanter: Oct 2008
Posts: 1,227
Bridge loan to nowhere..
wrote:
On Sun, 07 Dec 2008 19:02:08 -0800, Tim wrote:
are the big 3 beggers tanking in the US? or does this include their
entire overseas operations as well.
Reason I'm bringing this up is because Delphi chaptered a couple years
ago here stateside, while in the mean time they were building a
massivly huge mfg. facility in New Deli India.
GM has been pressuring their suppliers to use low cost countries such as
India.
http://www.allbusiness.com/management/3500893-1.html
hmmmm.
That is a cycle too. When India becomes too expensive manufacturing will
move to other low cost geographical locations. You would be surprised
where the current low cost high quality technical labor pool is today.
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