On benefits and proud

[Bruce Wayne]

You must see though that the rise of Toyota to be top dog in the auto industry was largely the result of their productivity? Of course confidence is important in any walk of life, but attempting to stimulate growth by printing money is a short term measure until inflation inevitable re-aligns the amount of money in the system with the value of goods/services.

To give another example, there's an awful lot of attention at the moment in the so called 'bottom of the pyramid', or the 1 billion or so people in the world with little income. That companies are able to target this vast market at all is solely down to changes in what they do. The confidence or buying power of those 1 billion people hasn't changed at all.

 

[Foot Long Hot Dog]

You must see though that the rise of Toyota to be top dog in the auto industry was largely the result of their productivity? Of course confidence is important in any walk of life, but attempting to stimulate growth by printing money is a short term measure until inflation inevitable re-aligns the amount of money in the system with the value of goods/services.

To give another example, there's an awful lot of attention at the moment in the so called 'bottom of the pyramid', or the 1 billion or so people in the world with little income. That companies are able to target this vast market at all is solely down to changes in what they do. The confidence or buying power of those 1 billion people hasn't changed at all.

Toyota's rise to the pinnacle of the automotive industry, was due to the strength of their brand in the market place & the perceived quality / style of their products, which increased their sales due to an increased desirability of their offerings. It was less to do with how efficiently they managed to produce the things.

Incidentally, they've now fallen to 3rd in the World rankings, as their products have lost some of their appeal due to the recall crisis they suffered in 2010.

Also, you've made the error of confusing 'consumer confidence driving demand' with printing money, the 2 are not conjoined twins Bruce.

EDIT: as for the bottom of the pyramid targeting. That's got nothing to do with the discussion, that's merely corporations looking to gain market share from other organisations, the available cash levels of these people haven't changed, it's merely who's taking it that's shifted.

 

[Mikey_Fitzgerald]

Blue Ford Focus'

Those things are everywhere

Clearly a lot of them are being made

Just get a job doing that if you're on the dole

Sorted

These politicians don't know what they're doing

*chews cigar*

 

[Guest89]

Globalisation is the way forward

 

[Brennan]

Just a reminder chaps, we don't need to be going down the path of LOL'ing stuff. We're having a decent discussion here, lets not spoil it.

ROFLCOPTER BRUCE LAD