Monday, March 27, 2006

China and Currency

Re: [spiers] Customs Brokers License - do I need one? and other questions. thanks

Lily,

You make money developing new products, and you make nothing handling
paperwork...
when you add in the learning time to get a brokers license, you will have lost
much time.

Some 6% of those who take the test pass, so 94% flunk. 99% of what you would
learn would
never apply to you, so I cannot see taking the time to be worth it. Let the
customsbrokers be
customsbrokers.

And yes, certainly, you can have small shipments come directly via post office
to your home
from china to sell... this is not a problem.

John Spiers
On Mon, 27 Mar 2006 15:53:03 -0800 (PST), Lily Yuan wrote :

> Hi John,
> I took your class last summer. I'm interested in importing and exporting (US
> and China). I still haven't taken any real action towards my dream. Most of it
> is just researching and accumulating ideas. I understand that the
> freighforwarding companies will usually take care of customs-related papers
and
> docs etc...I'm actually interested in being licensed as a customs broker just
> so that I can get a better understanding of the whole processs. Do you think
> it's necessary at all?
>
> Also, if I want to test selling a small batch of, say, apparel here to
> boutiques here or online, can't I just buy a batch in China and ship it via
the
> post office. Does that save me a lot of hassle? I know my question may sound
> silly. I guess I just want to "play" with my biz idea on a very small
> scale/batch without having to go through every step in the regular importing
> process. Basically I'm imagining a scenario where I can buy cheap in China or
> whereever (cash transaction), then sell here at a higher price that can cover
> the shipment cost (post office???), and through which I gain some really
> experience. I'm too afraid of lauching everything at the first try.
>
> Thank you so much for your valuable advice and comments in advance!
> Lily
>
>
> --- John Spiers wrote:
>
> > The phrase has an interesting history, actually coming out of the Truman
> > administration, just
> > that the hapless Earl butz was caught on tape saying it, doing for Nixon
what
> > Sec. of the
> > Interior James Watt did for Reagan, always managing to give the game away.
> >
> > Anyway, big business and big government go hand in hand, what with the
> > advantages and
> > efficiencies imagined in collectivization and harmonization. When it comes
> > to collectivist,
> > socialist impulses, the democrats simply do not have the chutzpah of the
> > republicans.
> >
> > John
> > On Fri, 24 Mar 2006 13:24:41 -0800 (PST), M A Granich
> > wrote :
> >
> > > What is the motive behind "get big or get out"? You
> > > said it was from the Nixon administration. What were
> > > they or are they attempting to do? Monopolize the ag
> > > markets?
> > >
> > > Anthony
> > > --- spiersegroups wrote:
> > >
> > > > GRP,
> > > >
> > > > Let me be clear, I am against either and both items
> > > > from being exported in the
> > > > measure they are subsidized or otherwise protected.
> > > >
> > > > I have no problem with a farmer in Ghana getting
> > > > subsidized rice cheap from usa,
> > > > allowing his fields to go fallow, and turning a
> > > > profit by selling USA rice to Ghanains,
> > > > until the USA taxpayers cry "enough" and we stop.
> > > > Then the same Ghanain farmer
> > > > resumes selling what he grows. This is non-violent
> > > > self-defense.
> > > >
> > > > But this is not what happens. The US Government
> > > > policy of "get big or get out"
> > > > extends overseas as well. The Ghanaians who go to
> > > > Harvard and receive Harvard
> > > > MBA's return to Ghana (or whatever country) and
> > > > enter leading buisiness or
> > > > government ministries. The set up a system that
> > > > allows them to buy from and work
> > > > with the USA Harvard MBA's employed at Archer
> > > > Daniels Midlands the "supermarket to
> > > > the world." and in USA government ministries. The
> > > > Ghanaian farmer cannot get a
> > > > license to import rice. He is taxed into oblivion
> > > > to assure he cannot compete with usa
> > > > rice, which is untaxed. These Harvard MBA's charge
> > > > a super premium to effect
> > > > polcies and actions that break the USA small farmer
> > > > and the Ghanaian small farmer.
> > > > The USA small farmer gets some welfare. The
> > > > Ghanaian farmer gets nothing. With
> > > > kids going hungry, many farmers choose the armed
> > > > response. (of course you can
> > > > substitute any number of exported items, countries,
> > > > and schools, but the general
> > > > system is essentially the same).
> > > >
> > > > So we agree, all subsidize cause direct harm, all
> > > > restrictions are violent. I am against
> > > > it.
> > > >
> > > > John
> > > > --- In spiers@yahoogroups.com, grmail@... wrote:
> > > > >
> > > > > >
> > > > > > Exports can be good or bad too... do we export
> > > > things we made or raw
> > > > > > materials... of the
> > > > > > things we made, are the consumer goods or are
> > > > they machinery and
> > > > > > equipment? Exporting
> > > > > > shoes is good, excporting a shoe-making machine
> > > > is bad becuase its value,
> > > > > > the ability to
> > > > > > make shoes, is exported. Exporting subsidized
> > > > goods is very bad indeed.
> > > > > > Subsidies,
> > > > > > currency and interest rate manipulation generate
> > > > the bad kind of exports.
> > > > > >
> > > > > > John
> > > > > >
> > > > > >
> > > > > John,
> > > > > I kind of disgree with this statement, Its like
> > > > saying; its bad to sale
> > > > > John Deere tractor and harvestor to a farmer in
> > > > Africa, but its ok to sale
> > > > > ship loads of rice and wheat to that farmer from
> > > > USA. This defeats the
> > > > > purpose of famous saying "Don't give begger a
> > > > ready made food, show him
> > > > > how to grow food for his long term sustainabilty,
> > > > so he would stop
> > > > > begging, stealing and all that he does to survive"
> > > > >
> > > > > grp
> > > > >
> > > >
> > > >
> > > >
> > > >
> > > >
> > >
> > >
> > >
> > > Compete on Design!
> > >
> > > www.johnspiers.com


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