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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (18761)1/8/2007 12:31:54 AM
From: elmatador   of 46821
 
It's too late for Europe to turn back the tide. The 80's was the time they had a chance to get prepared for Globalization.

I was with Siemens for all that period. I saw it coming but their employees could not believe when I use to say: "In 1994 you will not recognize Siemens". In 1993 Itold them "This project is the way our business is going to be conducted, from now on"

They all refused to believe. They had a firm trust on their system. They should had got suspicious. They didn't. Now is too late.

Europe will not go down the drain. What is happening is: Their workers are losing their privileges. Europe has a high body of intelligence and knowledge that they will leverage to keep their economic standing.

The workers are another matter. They are seeing their privileges going, because the very set of circumstances that gave them those privileges no longer exist. It is just to compete with LATAM and Asia. There's no other way out of it.

But their politicians want them to believe there is. European workers hadn't learned yet.
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