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In support of Sven's argument, all of the four wind power companies now in or entering Arkansas are European, most are Dutch, I believe.  The ability to set up manufacturing in foreign markets can substantially reduce currency risks, as even profit taking can be adjusted according to exchange rates.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Dec 19th, 2008 at 08:16:56 PM EST
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To me, the shift from a quartal POV to much longer term might be the biggest positive of this dire situation.

The amortization of investment in vital social assets can often take a generation or more. This has been missing in recent strategic planning. For instance, the results of educational policies can take a generation before becoming apparent.

In the quartal view, the US system of elite education produces results. In the long term it produces yes-people and stagnation.

The ongoing crisis might be seen as a forest fire that will allow new species to flourish...

You can't be me, I'm taken

by Sven Triloqvist on Fri Dec 19th, 2008 at 08:33:27 PM EST
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