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Is the US market completely down?
Post 22 of 26
Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

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Banks are not lending money in the States as liberally as they once loaned money. They were stupid and now they don't have as much to loan as they once had.

Financing for for small importers like myself is hard to get n the USA right now.

You might want to lower your minimum order quantity.

If you sell an item with a large unit price, the ultimate retail buyer may not be able to get credit to buy it from your customer. Nothng you can do about that but your customer isn't going to order more until he clears his current inventory.

11 Jan 2009 22:24
Post 23 of 26
Quoting from [semistone]:

Banks are not lending money in the States as liberally as they once loaned money. They were stupid and now they don't have as much to loan as they once had.

Financing for for small importers like myself is hard to get n the USA right now.

You might want to lower your minimum order quantity.

If you sell an item with a large unit price, the ultimate retail buyer may not be able to get credit to buy it from your customer. Nothng you can do about that but your customer isn't going to order more until he clears his current inventory.


My wife put some money into Citibank investment funds, and the market value dropped by about 20%. Interest rate for $10,000 and less is 0%, and for upto $100,000 is only 1.5%.


Who wants to put money into the bank with such low interest rates, there is no more to cut, this instrument is no longer available for the US President to play with to boost the economy. We might as well use our money to buy some stocks of inventory, and to sell them as there is some demand, making some profits.


Unemployment has hit not only the USA, but everywhere around the world, even in China, among companies who depend on their exp.orts to the US and European markets. Their next strategy is to divert their flagship and cash cows to the emerging Asian markets, i.e. India, China, and South East Asia, Russian part of Asia and South American markets such as Brazil and Venezuela.


The next Chinese year will be the year of the Ox. The Chinese beleve the oxen is a tough life of hard work, ploughing the land. However, at the harvest, the rewards will be gotten.


Street


 


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Tijit Pte Ltd
Motto: Digital is our name : Portable is our game
Tijit provides service and supply to Marine Shipping Industry both here in Singapore and abroad focused on portable instruments.
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12 Jan 2009 08:21
Post 24 of 26
Quoting from [semistone]:

Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?

------------------------------------------------------------------------------------------


Banks are not lending money in the States as liberally as they once loaned money. They were stupid and now they don't have as much to loan as they once had.

Financing for for small importers like myself is hard to get n the USA right now.

You might want to lower your minimum order quantity.

If you sell an item with a large unit price, the ultimate retail buyer may not be able to get credit to buy it from your customer. Nothng you can do about that but your customer isn't going to order more until he clears his current inventory.



Sir,thanks so much for your views.Got the latest picture of the US economy as it is now.Now, do you think Mr.Barrack Obama can do anything fruitful?Please do let me know...Partha,Kolkata.
12 Jan 2009 08:44
Post 25 of 26

The main problem with this recession is that it isn't natural but man-made or "engineered". If for example one year due to bad weather harvests were extremely low all over the world, that would also cause a recession, but we would get over it as soon as weather improves.

This recession is the consequence of conniving of some too powerful and evil people. As Street already stated, there is an opportunity in a recession, and it consists in the possibiliity these people now have to buy up practially the whole world for peanuts. That's what they want and that's what they are working on. To a good degree, their success depends on us either letting them get away with this or stopping them dead.

One way to achieve this is barter. If we don't rely on bank credits and banks in general, if we use "statements of debt" or "coupons" instead of "money" (in reality nothing more than monopoly money), and if we rely on good faith among us, helping each other as much as we can to develop business in general, we would be the winners.

Their good luck depends exclusively on our silly faith in this thing called "money". If we find a way to get rid of this pseudo-god "money", we would have found the way to get rid of these satanic criminals, also called "banksters". That would be a good thing to fight for, without even using a kitchen knife as a weapon. Pure positive attitude is all we need. Who is ready for that?

12 Jan 2009 09:58
Post 26 of 26
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Quoting from [partha]:

We are in the export business of musical instrument accessories for violins,violas,cellos,bass & guitar parts from India.

In our line of business,US is a big market for us.But the business from the US specially during the months from April till date has not been what we do every year.What has happened to the US?

Could anyone shed some light on this?



THIS SITE ONLY HAS SCAMERS ON IT SO NO ONE WHATS TO BUY FROM ANYONE ON THIS SITE
14 Jan 2009 15:33
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