exactly. it s not work for them to say. they said they re going to say that emerging markets account for the world economy in 20 years. it will be half, if not more. their core market is in asia and the emerging market. don t forget they started expanding into the developed markets. so i suppose this is this is a business strategy that will be easy for them to pursue. i suppose it was called hong kong and shanghai banking when it originally started out. are are we going to see this as a more hong kong-based bank? obviously there were reporters that they moved the hong kong banks for tax reasons. the details on that are still coming out. they re not giving too much detail on things like that. why is hsbc doing this?
motivated you to buy? more than half said the benefits a 10. we got into it for tax reasons. they sound like accountants. take section 1 # 79 deductions. depreciate it over 5-7 years. something called cauv. alpacas are valued for their fleece. excellent fleece. selling fleece doesn t explain the growth innal whack kau raising. 25 years ago there were 150 in america. now there are 150,000. sold 10,000. has a pedigree that is solid, solid gray. alpaca auctions prices have gotten high. it s only money. don t be so uptight about it. just recently an animal sold at auction for over $600,000. wow. this is not necessarily a good thing. this llama may not like me talking about this but economists at the university of south carolina said the industry
when people aren t getting their tattoos. in terms of investing. remember when you re self-employed you have tools at your disposal to get tax-friendly investing like a accept, simplified employee pension. think about always setting that up first rather than just putting your money into certain stock investments. you need to protect it from tax reasons. guy, just tell us, how do you feel you ve done overall with the economy as it s been? how has your business held up in the long view of things? i think we ve done all right because we ve been around so long. i do have a steady customer base. so i think we ll make it through even if it does get a little bit worse because of my reputation. and reputation is huge, guy. that s really a big deal. that s something to bank on as well. we wish you the best of luck with your business. thank you for joining us today. thank you, doug, for joining us as well. thank you very much. all right. up next, meet a man who says sometimes you need
they re coming in the u.k., even the rolling stones of course let for tax reasons in the early 1970s. yes, it has a big impediment on where companies choose to do business. what hurts me more is the president s attitude. forget the tax code. his attitude that business is inhelicoptheren inherently corrupt. he said that in the speech this week. this is more damaging long-term. cheryl: john layfield, steve wynn at this point is the only executive in the gambling industry anyway that is looking to go overseas. remember, look at somebody like barney frank who wants to bring back internet gambling to tax it. this doesn t help steve wynn, it doesn t help any of the guys. wayne is right about everything. steve wynn is a brilliant guy and this tax policy of the administration, look, if you are alive, you are going to pay more taxes next year. if you have anything around you, it s going to be taxed to excess. this naive child-like administration that thinks they can create this government u