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The UPS Invasion of Europe.
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<blockquote data-quote="FrigidFTSup" data-source="post: 1720170" data-attributes="member: 58894"><p>It's low growth at the moment because of currency fears due to the Greece idiocracy. There is a mass of potential in the market itself, especially taking market share away from DHL, which owns Europe. Fred S is talking low growth in the air market as I do not believe FedEx Ground has operations in Europe. </p><p></p><p>The beauty of the Eurozone is it is like the US. Crossing from France to Belgium isn't like crossing into Canada or Mexico. There is no border. Sure it's listed, but there aren't border checks or customs. It's perfect for a ground network. If you want to build infrastructure now is the time to do it. If they use dollars to buy Euros and then build infrastructure you are doing it dirt cheap. One dollar will get you roughly 30% more Euro's than it would have just a year ago. Even if that capacity sits relatively idle for a few years, it's still cheaper than building when the economy picks back up. </p><p></p><p>How is it capitalist scavenging? It's smart investing. You're not screwing the little guy by investing in their country and building up infrastructure. If anything you're helping them because you're providing jobs. About 50% of the people in our age group are looking for jobs in Spain right now. You tell me if they look at job opportunities as "Capitalist scavenging"</p></blockquote><p></p>
[QUOTE="FrigidFTSup, post: 1720170, member: 58894"] It's low growth at the moment because of currency fears due to the Greece idiocracy. There is a mass of potential in the market itself, especially taking market share away from DHL, which owns Europe. Fred S is talking low growth in the air market as I do not believe FedEx Ground has operations in Europe. The beauty of the Eurozone is it is like the US. Crossing from France to Belgium isn't like crossing into Canada or Mexico. There is no border. Sure it's listed, but there aren't border checks or customs. It's perfect for a ground network. If you want to build infrastructure now is the time to do it. If they use dollars to buy Euros and then build infrastructure you are doing it dirt cheap. One dollar will get you roughly 30% more Euro's than it would have just a year ago. Even if that capacity sits relatively idle for a few years, it's still cheaper than building when the economy picks back up. How is it capitalist scavenging? It's smart investing. You're not screwing the little guy by investing in their country and building up infrastructure. If anything you're helping them because you're providing jobs. About 50% of the people in our age group are looking for jobs in Spain right now. You tell me if they look at job opportunities as "Capitalist scavenging" [/QUOTE]
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