Thursday, February 06, 2014

What the US Auto Industry did for the USA it can do for emerging economies.

HOWEVER.

Companies like Ford Motor that was smart enough to fill it's treasury with cheap money, has the latitude NOT TO EXPORT AMERICAN JOBS, but, create new jobs in these countries.

The emerging nations have to provide a better quality of life to the people, otherwise, unrest will continue as their suffering becomes long term because these nations produce so little.

I strongly suggest emerging nations such as the Ukraine be tapped to produce HYBRID vehicles, build new plants (Which will never be as large as the production plants in the USA, but, they don't have to be.) and employ the work force of that country to produce their own automobiles.

In creating new jobs in the Ukraine, the economy will stabilize and Ford Motor (only as an example) will have additional profits and a foothold to European markets. It is a venture who's time has come. HYBRIDS extend the 'economic dollar' of the Ukraine work force by reducing their need for oil and stabilize their energy needs with alternative RENEWABLE sources.

The emerging economies NEED a vision of the future. They can have what they want, but, it has to be done well and with an understanding that markets in every country are required to build a strong global economy. These markets are ONLY stable and flourish and grow when there is upward movement of the people, which means a strong Middle Class is completely necessary. These countries need to build their capacity to produce their own products and in a smart and efficient way. There is no reason for any Ukraine citizen not to have the promise of a future of hope and economic potential.

Global impoverishment, including First World nations, is the problem of our time. It is not necessary. Every country can have a Middle Class. Growth occurs when the Middle Class flourishes.