VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Murrey Walker who wrote (40350)	8/17/2001 11:09:25 AM
From: Jim Willie CB	Read Replies (1) of 65232

offshore mfg trend started in 1980 it accelerated throughout late 80's and early 90's went even further in response to Asian Meltdown in 1997-98 yes, that is why I said "it continues" what I see now in US mfg base is perhaps more a dying process than continued hollowing the mfg capacity utilization is lower than during last recession unsure of what it all means the 1980's offshore move was good for the US economy what I see now is good for nobody gotta admit, what I read in recent "Business Week" issues is real high quality business journalism the New Economy is NOT dead and Telecom DeRegulation needs some big fixes but the indigestion during transition is tough post-dereg roadkill is widespread balance sheets and personal portfolios are devastated but future opportunities still exist left & right / jw

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