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Intel Earns from Asia

 
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Author Intel Earns from Asia
rffrydr
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PostPosted: Wed Oct 17, 2007 7:24 am    Post subject: Intel Earns from Asia Reply with quote
52% coming from asia vs 20% from US. Money flows uphill.
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Author Intel Earns from Asia Replies
HenryTo
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PostPosted: Sun Jan 20, 2008 9:28 am    Post subject: Reply with quote
Don't forget about the Japanese hedge fund managers who reside in Singapore:

http://www.iht.com/articles/2007/12/06/bloomberg/bxfund.php

That is what low taxes, low regulatory hurdles, and a good location (except for the weather) will get you. If it wasn't for state income taxes and the extremely high cost of setting up and running a business here in California, Los Angeles' housing prices would no doubt be much higher than where they are now.
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rffrydr
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PostPosted: Sat Jan 19, 2008 7:29 pm    Post subject: Reply with quote
From an ol' neighbor of mine living in Singapore:

Quote:
Too bad about the housing prices in Sac. Housing here is Singapore is going up like crazy. But people here are starting to get worried because they know a recession in the US would mean bad things here and everywhere. Singapore could not survive a US recession unscathed. I'm hoping that more bad news in the US will cool off the market here because my rental contract here is up in six months and if things are hot my rent will double. It's crazy. If you are rich you can easily spend $15,000 per month on rent for a condo in the downtown area. It's all those Texas oil people and Intel execs that are driving up the prices. Stupid foreigners

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