Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Rolla Coasta who wrote (5691)	7/6/2001 11:56:34 PM
From: TobagoJack	Read Replies (2) of 74559

Hi QPK, I think globalization is OK for the mainland Chinese, as the bare footed can always rumble next to the swamp with the guy in Gucci loafers, but I am not sure globalization will be good for workers in certain industries in certain countries. The total pie may get bigger, but the total number of pie eaters will go up much faster, sooner. For example, globalization will not do much for the electronics guy at the bench in Taiwan. No, lots of friction, heat, sparks and such ahead of us all. Chugs, Jay

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