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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: MSI who wrote (9742)12/1/2001 12:47:04 AM
From: LTK007  Read Replies (1) of 99280
 
<You don't think the US is industrious?> regards your question to Soros. My perverse answer is we have been over the the past 10years or more TOO industrious.We are easily the most work-loaded country in the industrial world.
The problem is back when Japan was in their BOOM,they were the most industrious people in the world and they simply reached a breaking point where a backlash set in---they simply couldn't keep working at that level and maintain their mental health--depression became wide spread and the suicide rate of hard-working individuals commenced to rise(from it simply seems 'all work and no play' can break a man).
The argument has been that our productivity rise was the result of software and other tech magic pills,and to that i say,rubbish--it has been the result of americans working themselves to the max.Overtime/2-3 workers per family/individuals working 2 jobs was escalating as the tech propagandist were saying isn't it wonderful how technology allows us to work less and produce more.
As ever i remain a "The New Economy is Hype" propagandist-Max-
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