SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rockwell-Spins off Conexant (CNXT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gpowell who wrote (1964)11/13/2001 4:31:24 PM
From: MeDroogies   of 2013
 
I think it holds water...but I don't know of any high productivity regions. What is more likely is that production would move to low wage areas that have lowered wages SO much that lower productivity is offset.

That's tough though. Considering that the most likely places would require wage cuts of over 50%, I don't see that happening.

I haven't seen wage pressure, but productivity has been a mixed bag. Big jump post 9/11, but that was from an overly depressed level. Profits are going to be hit more as a result of poor demand preventing price increases, rather than falling prices or increasing costs. In fact, most costs seem to have stabilized or are falling, though not precipitously. This, of course, further prevents shifting production elsewhere.

We are at an uncomfortable position. However, there are ways to deal with it and they are taking place. I'm hopeful and confident.

The way I figure it...I've refinanced. I have extra cash in the bank as a result. In addition, my payments are reduced, and I've still got equity of 50%, so a decline in housing prices would have to really be tremendous to effect me. Not a likely scenario in the near future. I'm guessing there are lots of others out there in a not too dissimilar position.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News