dispatches from the new world of work

12.02.2004. BA213. Heathrow-Logan.

"China Widens Access for Foreign Banks"—Headline/Financial Times/12.02.2004

"Foreign Inflows Push India's Stock Market to Record High"—Headline/Financial Times/12.02.2004

"The 'Insourcing' Problem"—Headline/OpEd/Wall Street Journal/12.02.2004 ("Total flows of Foreign Direct Investment capital into the U.S. have collapsed since 2000—from a peak of $314 billion in 2000 to $29.8 billion in 2003. No doubt some of that decline is a cyclical response to the giant surge in the late 1990s. But some of the falloff might be structural. In 2003, for the first time, China attracted more FDI than the U.S.")

Tom Peters posted this on 12/03/04.

Comments

Why will IMF endorse FDI into US eh ?? US has a debt of nearly reach $2.8T...in fact I used to use USD as travel currency ..but it has become so devauled.. that I more inclined to buy EU and then convert to USD at a local exchange/airport.. get a little bit more bang for the buck !!

So why will any FDI want to sink money into a bucket with no returns ??

Posted by /pd at December 3, 2004 3:04 PM

Remember that posting Tom blogged about the US not being Number 1? If we don't open our eyes, we might hit Number 2.
Life's a lot like hockey (remember that sport?)-- if you aren't hoisting The Stanley Cup, you aren't THE contender.

Posted by Pam Brill at December 3, 2004 5:04 PM

Precisly Pam !! There's no Stanley Cup this Season ..correct ?? ::)-

Posted by /pd at December 3, 2004 5:09 PM

Thank goodness for The Red Sox...On the bright side, we don't have to be sad that The Bruins won't take the Cup.
The Wide World of Sports or Worldwide Business, Being #1 can't be beat.

Posted by Pam Brill at December 3, 2004 5:28 PM