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Strategies & Market Trends : Waiting for the big Kahuna
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To: Skeet Shipman who wrote (52148)6/11/2001 1:24:01 PM
From: robert b furman  Read Replies (3) of 94695
 
Hi Skeet,

I've heard so much spin on this - it really is a huge vacuum of working knowledge to me personally.

The plus side of that deal is - A strong dollar invites and encourages foreign investment.This money flow(chasing after our higher rates) brings about investment in the U.S..

I have agonized over the years to see the Domestic decline in old tech manufacturing - ( being a GM car dealer).Now many new products are being built in Mexico - suburban, cavalier,avalanche to name a few.Our ECM industry goes to the lowest labor costs and with technology produces many high tech products.

I think the time has come for global trade to teardown the nationalistic protectionism of country boundaries.The most efficient utilization of resources will bring a gradual rise of improvement to the world.The fact that we attract the most investment and therefore retain the profit for the entrepeneurial portion bodes well for us regardless of who does the manufacturing.

I know this contrasts with many entrenched union perspectives - but the writing is on the wall - as I believe the trend is irreversible.The largest segment of unionized labor now is the government.The manufacturing segment went overseas long ago.JMHO

Bob
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