Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: EL KABONG!!! who wrote (27006)	1/7/2003 4:52:23 AM
From: elmatador	of 74559

<global economy is killing the US economy, and with it, the ability of US consumers to support a global economy>> Let me see if I understood. We have to keep the US economy afloat so that the US economy can help us? Why don't by pass the middleman and help ourselves? Perhaps undermining US economy may not be a bad thing, just making the gunboating unaffordable will help us a lot. <<while at the same time watching middle class job opportunities vaporize in the Western world, only to reappear (at vastly lower wages) in developing countries.>> That's exactly that we need down here. What may look like lower wages for a US (inflated) person, is good money elsewhere. Imagine all those cheap stuff being churned out by the Chinese that can be made affordable to the developing countries whose people earn deflated wages!!! Let us the Chinese bankrupt NOK and CSCO but the world is inundated with cheap mobile phones and mobile infrastructure and Internet stuff. This, while screwing NOK and CSCO's shareholders, will help a billion people. That is what we need!!!!

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