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01-28-2012, 01:45 PM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,259
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Apple should buy Greece
I am putting this topic in the political area because I can't find a better fit and I think it involves some politics.
Apple has a bundle of cash. If fact their hoard of cash is greater than the national debt of Greece. So, why can't Apple buy Greece? Greece's financial problems would be over, the Euro would be safe and the world economy would be healthier.
What does Apple get? Apple makes about 1/2 million dollars per employee. Think of all the money they can make by adding millions of Greeks to their payroll!! All those plants in China - the ones with lousy working conditions, polluting air and water - can be closed and moved to Greece which, being and EU country, has much better working and pollution laws.
The Apple store can open a new section featuring Greek products such as olive oil, apricots, wine, sweets, nuts, honey, etc. Also, travel deals to Greece to try out that camera in the new iPhone.
My 2 cents.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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01-28-2012, 02:09 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,436
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I'm sure the assets are worth more.
Tourism probably generates billions a year. I think there was talk that creditors would take some assets, like the airport in Athens, for repayment of debt?
It doesn't sound like the Greeks would produce as much as the Chinese.
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01-28-2012, 02:24 PM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,259
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Quote:
Originally Posted by explanade
I
It doesn't sound like the Greeks would produce as much as the Chinese.
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OK, so Apple only makes $250,000 for each Greek employee. Still, not bad.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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01-28-2012, 09:54 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Jan 2007
Location: Thousand Oaks
Posts: 1,111
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I was thinking Iceland myself. Smaller population. Data centers for their clouds would need minimal cooling. Lots of geothermal energy and aluminum production. I'm guessing that the icelandic population is more tech savvy, and... you've got a captive workforce for 3/4 of the year.
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01-29-2012, 07:43 AM
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#5
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Recycles dryer sheets
Join Date: Aug 2011
Location: Nicola Lake
Posts: 53
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No self-respecting European is going to agree to work for Apple and become crippled or paralyzed through overwork and exposure to toxic dust and chemicals. Do some research into Foxconn's working conditions and you should, if you have a conscience, never buy another Apple product.
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01-29-2012, 07:59 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,298
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With all due respect, this thread is offensive. However, while I understand the concerns about working conditions, I don't understand why the almost singular focus on Apple...
Foxconn customers:
Acer Inc. (Taiwan) [27]
Amazon.com (United States)[28]
Apple Inc. (United States)[29]
ASRock (Taiwan)[citation needed]
Asus (Taiwan)[citation needed]
Barnes & Noble (United States)[citation needed]
Cisco (United States)[30]
Dell (United States) [31]
EVGA Corporation (United States)
Hewlett-Packard (United States)[32]
Intel (United States)[33]
IBM (United States)[citation needed]
Lenovo (China)[citation needed]
Microsoft (United States)[34]
MSI (Taiwan)[citation needed]
Motorola (United States)[31]
Netgear (United States)[citation needed]
Nintendo (Japan) [35]
Nokia (Finland)[29]
Panasonic (Japan)[citation needed]
Samsung (South Korea)[36]
Sharp (Japan)[citation needed]
Sony (Japan) [37]
Sony Ericsson (Japan/Sweden)[38]
Vizio (United States)[39]
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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01-29-2012, 08:54 AM
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#7
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 7,436
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And beyond tech products, if you aren't going to buy products because of how they were produced, then you better lay off textiles and athletic shoes and most other things made in China.
Further, stop buying produce harvested with migrant farm labor, don't patronize restaurants using illegal immigrants being paid sub minimum wage workers.
Don't pretend that some parts of the rat race are less morally objectionable than others.
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01-29-2012, 09:53 AM
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#8
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,708
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This thread is confusion. How does a business buy a country, and why should it make a difference if Apple's cash reserve is greater that the Greek national debt?
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01-29-2012, 10:51 AM
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#9
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Full time employment: Posting here.
Join Date: Apr 2011
Posts: 625
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Quote:
Originally Posted by MichaelB
This thread is confusion. How does a business buy a country, and why should it make a difference if Apple's cash reserve is greater that the Greek national debt?
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I think it was a joke.
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01-29-2012, 12:13 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,298
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Quote:
Originally Posted by arebelspy
I think it was a joke.
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Someone would have to explain the humor for me, I tried to give it the benefit of the doubt...
But it may well just be me.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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01-29-2012, 12:23 PM
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#11
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Administrator
Join Date: Jul 2005
Location: N. Yorkshire
Posts: 34,124
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Quote:
Originally Posted by arebelspy
I think it was a joke.
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Quote:
Originally Posted by Midpack
Someone would have to explain the humor for me, I tried to give it the benefit of the doubt...
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If Apple shifted its production to Greece then it could advertise that it sells Greek, as well as Geek, products.
Sorry, but that's the closest I could come to a joke
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Enough private pension and SS income to cover all needs
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01-29-2012, 12:28 PM
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#12
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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Apple plans to buy Greece but is waiting for the Groupon.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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01-29-2012, 12:34 PM
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#13
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Full time employment: Posting here.
Join Date: Apr 2011
Posts: 625
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Quote:
Originally Posted by Midpack
Someone would have to explain the humor for me, I tried to give it the benefit of the doubt...
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If one has to explain it, it ceases to be funny.
If it never was funny to you in the first place, it certainly won't be after an explanation.
Personally I thought it was mildly amusing as a tongue-in-cheek suggestion, but obviously got killed by scrutiny as a serious suggestion.
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01-29-2012, 12:50 PM
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#14
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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As a shareholder, I'd vote against it
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01-29-2012, 01:58 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Jan 2007
Location: Thousand Oaks
Posts: 1,111
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Quote:
Originally Posted by MichaelB
This thread is confusion. How does a business buy a country, and why should it make a difference if Apple's cash reserve is greater that the Greek national debt?
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It's a joke thread. Trying to read too much into won't get anyone too far...
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01-29-2012, 02:03 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,259
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Ummm..... I thought it would be obvious that this thread was intended to inject a bit of humor into certain events recently in the news. I guess I was wrong. My apologies.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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01-29-2012, 09:20 PM
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#17
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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Quote:
Originally Posted by Chuckanut
Ummm..... I thought it would be obvious that this thread was intended to inject a bit of humor into certain events recently in the news. I guess I was wrong. My apologies.
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Well, this is the "FIRE Related Political Topics" sub-forum, not the 'Funny Joke Thursday' thread.
I assumed/guessed it was a joke, but like some others, I didn't 'get it', so I really couldn't say for sure if it was a joke or not.
We've had some pretty crazy things presented as serious (and vice versa), so one can't really assume.
-ERD50
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01-29-2012, 09:23 PM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,888
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Quote:
Originally Posted by arebelspy
If one has to explain it, it ceases to be funny.
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From my view, 'If one has to explain it, it ceases to be never was funny'.
But as they say, humor is a funny thing.
-ERD50
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01-30-2012, 11:14 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
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Cecil Rhodes bought Rhodesia. The US bought Alaska, the Louisiana Territory, the Arizona Territory (maybe; I have to ask my daughter, who knows Arizona history), the Virgin Islands and paid blood money for California.
Sometimes it works out.
But why would anyone buy a country of work-averse Europeans who can't balance a checkbook (OK, chequebook)?
__________________
I have outlived most of the people I don't like and I am working on the rest.
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05-12-2012, 09:05 AM
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#20
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,259
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Well, it looks like the opportunity is over. Greek bonds, those offered after the initial bailout, are now paying approximatley a 20% interest rate. Even Apple can't afford that.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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