cottage country / Cobourg area, Ontario · Member since 2009 · 201 posts · 5 votes
thinking out loud...
your first $1 BILLION
list items that you could possibly export that could fit into these categories
1 BIL people x $1 each
or 100 MIL people x $10 each
or 10 MIL people x $100 each
or 1MIL people x $1K each
or 100K people x $10K each
or 10K people x $100K each
or 1K people x $1 MIL each
or 100 people x $10 MIL
or 10 people x $100 MIL
or 1 person x $1 BIL
1K new billionaires = $1 TRILLION
10K new billlionaires = $10 TRILLION
I wish I could find a way to get even 1 Million people to give me a dollar each!!! :-)
Dollar store(s) in China?
Population 1.3 Billion
for that matter a bakery in China, you might get $1/day per local person, hire local labour and pay them wages. Chinese make $3000something/year on average but wide difference between wages. (find it on google)
bookstore, clothing, anything people need or want. since USA is borrowing money from China and has to pay them back it only makes sense to make money off China!! pay it off that way. major trading partner.
I've been suggesting to people that we sell off parts of Hawaii. I'm sure the Chinese and/or Japanese would pay us enough to fund the stimulus boondoggle.
Land might do it if we don't mind close neighbours.
It seems our other option is to sell our children into slavery for generations (Obama's plan A).
We should keep this thread going until we think of a huge list of different ways to do this. Not just for country (after all, we ARE the business people), but there are side benefits to making $1 BILLION.
While I was joking about selling Hawaii, I am serious about selling some land. How much do you think the oil companies would pay for some of that land in ANWR? If we want to have massive government spending, we should have to sell some governemnt assets. It's what I'd have to do . . .
While I was joking about selling Hawaii, I am serious about selling some land. How much do you think the oil companies would pay for some of that land in ANWR? If we want to have massive government spending, we should have to sell some governemnt assets. It's what I'd have to do . . .
If you are talking about selling land to China or other countries that is crazy. That is fringing on our sovereignty.
You're joking, right? Numerous foreign companies and individuals own property and companies in the US. Several of the big oil companies, Shell and BP, for example, are non-US companies. They buy offshore leases in the Gulf of Mexico from the US Government. Several big cities are selling off assets to generate immediate cash.
You're joking, right? Numerous foreign companies and individuals own property and companies in the US. Several of the big oil companies, Shell and BP, for example, are non-US companies. They buy offshore leases in the Gulf of Mexico from the US Government. Several big cities are selling off assets to generate immediate cash.
I know that's the problem we keep handing our country over to foreigners soon we won't have a country it would be owned by others.
Who could we sell land to other than China? I'm Canadian and I want to invest in RE myself. Boosting tourism would help, but national security is a big thing with USA, maybe promoting in countries that are part of NATO etc, and pushing educational institutions, Disneyworld, whatever might bring in foreign money?
Re: selling land to other countries. Just don't sell off all the energy companies, or you'll be at the mercy of foreigners for what you pay for energy. Ontario's got a bit of paranoia about buying energy from Quebec, here in Canada.
How much do people pay for education? $10K+?
$10K x 100K people = $1 BIL :)
What about exporting in general? Every product made and sold in USA could be sold in many countries if not already.
Great question! (btw, so everyone knows...USA + Nato troops are loved worldwide as protectors of mankind. shame on negative media, I have seen this begin to change already as Democrats who criticized the war are now responsible for it and are now taking responsibility.)
USA is exceptional in that you can make your entire living without ever leaving USA, different from Canada and European countries. Because of this, most USA companies do not really focus on exports until they have outgrown the USA market. So larger companies are the ones who typically export. However, anyone can. I have bought many products on Ebay from USA and though most advertise that they will only sell to USA (needs to be a shift in mindset), when I write and ask if they will ship to Canada most are happy to do so. I would recommend that they list as will ship to Worldwide rather than USA only. That may seem like a small example but it represents the shift in mindset that needs to take place and explains why USA is known for consumption rather than producing exports. Part of the reason for this is because USA is a bit self-focussed in their media rather than focussed on worldwide but this has been changing in recent years. (My Australian friend used to joke that USA world news is about New York and Chicago! lol true that...it all started when USA decided to be independent, and that is good, but in a global economy now needs to communicate and trade globally at least to some extent.)
Being from Canada, we are close neighbours with the USA and have a free trade agreement, so we get a lot of American products here. But if you look at American presence worldwide, is there Walmart in Europe? very many McDonald's outside N.America? These are huge companies. In 2003 Jerry Springer represented American media in the UK (thank God that is changing due to the internet and technologies lol). I think USA has a lot more to offer to the world. I am esp fond of reading American books! No other country worldwide can compare with the volume and quality of American books published, and these really should be available worldwide. There is so much the world does not know about America (only what they see on their news). So even though it is getting better, America can seriously push more exports, even in little ways, and reap huge rewards. Most smaller American companies, and medium too I would think, do not export. And if what I heard on the news is correct, small business is the lifeblood of America. America does not need the world as much as the world needs America, but that means the markets are wide open. Some people might fear competition in some businesses but if that is the case, find ways to work with people in other countries to support each other rather than take over. e.g. distribute through existing channels.
If USA is 5% of the world's population, companies might be missing out on 95% of the market if they do not export.
The one thing I would be sensitive to is different cultures and laws, in Europe, guns are not popular, so American movies without guns might be more widely accepted than action flicks with guns. Cultural awareness is good. Also in China the laws of copyright do not seem to apply in reality from what I have heard... artists have difficulty collecting royalties. Learning these subtle differences can make a huge difference in perception of products in other countries and ability to succeed in business in worldwide communities. Other than this one point I think it is a full 100% green light for Americans to get more involved in international trade, after all, other countries have been doing this for generations, and there are always new products and companies on the markets from everywhere.
Hey that is interesting. The percentage we import from China isn't as bad as I thought. Its a stat from 2007, but we were still consuming a lot of Chinese crap back then too.
Imports - partners:
Definition Field info displayed for all countries in alpha order
China 16.9%, Canada 15.7%, Mexico 10.6%, Japan 7.4%, Germany 4.8% (2007)