[Noisebridge-discuss] economics

[Brian Morris]

Actually for the iphone Samsung in Korea does the heavy work, eg mfg the
CPU. Qualcom is a biggie too not sure where they are.

It is true mostly what China does is assembly only.

But the situation is very different in say the Solar Cell industry.
eg

On Mon, Nov 21, 2011 at 7:10 PM, Gopiballava Flaherty <gopiballava at gmail.com
> wrote:

> Interestingly, the trade deficit is calculated using the retail price of
> products.
>
> An iPhone 4S adds $600 to the deficit. How much $$$ stays in China?
> Estimates are around $10. Chipsets from Germany, software from Cupertino,
> etc.
>
> Thanks,
>
> gopi at iPhone
>
>
> On Nov 21, 2011, at 19:07, Ryan Rawson <ryanobjc at gmail.com> wrote:
>
> > A few things, first off - China doesnt own all of the US debt, it only
> > owns 8% US government debt.
>

yeah I think americans hold the biggest share. But China is most
significant in the new debt and particularly borrowing to pay interest.
Used to be Japan but they went broke.

seems to be a necessary link between the trade deficit and borrowing.
Because the Chinese hold american $$$$$$$$$  they must do something with or
else they are of no value to them.
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