Posted On: 04/21/2016 11:52:15 AM
Post# of 22940
As I mull this over some more, my thoughts are that the EX-IM financing is strictly for the USA side of the equation....bearing sleeves and anything else that needs to be produced here. That is their mission statement. I am willing to bet that the Chinese bankers will be the source for the necessary assembly assets over there via acquisitions which Bill has mentioned numerous times. They could also finance additional equipment, manpower and other startup costs to meet the assembly portion of production.
So, with all due respect, I do not believe that the EX-IM deal HERE means that the door has been closed for financing over THERE.
Do not forget about the Chinese government granting favor for businesses established there. Guess who the banks there "work" for?
We shall see. I am super stoked about the next 90 days ahead of us.
$TPAC
So, with all due respect, I do not believe that the EX-IM deal HERE means that the door has been closed for financing over THERE.
Do not forget about the Chinese government granting favor for businesses established there. Guess who the banks there "work" for? We shall see. I am super stoked about the next 90 days ahead of us.
$TPAC
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Let blockheads read what blockheads wrote.
Risk comes from not knowing what you're doing.
The investor of today does not profit from yesterday's growth.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
If a business does well, the stock eventually follows.
- Warren Buffett
Risk comes from not knowing what you're doing.
The investor of today does not profit from yesterday's growth.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
If a business does well, the stock eventually follows.
- Warren Buffett
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