A low relative value of the American dollar (I refuse to call it weak) has put American companies and American talent on the sales rack this Christmas. We can finally get out from under the idea that the USA is outsourcing its future. Instead the tables are turning and we are seeing foreign companies looking at America for bargains. Of course the hedge funds got all the good stuff, but Lufthansa’s bid for JetBlue is only the latest example. I can think of a dozen companies off the top of my head that are a fit for overseas buyers. Think old line revenue machines. Because once the dollar gets stronger, these foreign investors will get the revenue and the valuation growth compounded.

My other point is that our talent pool is superior to that of our foreign competitors. We have a spirit and productivity level that is hard to beat. Add in our education system and you can see how our talented engineers, scientists, managers and executives are selling at a bargain price. Except for the lack of being multi-lingual, we can add value to every organization we join. Try and get that from a freshly graduated overseas talent. Let’s watch as the buying spree heats up. I already see people here in Silicon Valley being courted by foreign owned companies…This Holiday Season, America is on sale…for a limited time only. And, who knows when the supply will run out.

This entry was posted on Thursday, December 13th, 2007 at 1:25 pm and is filed under Career and Business, Observations and Trends. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.