Advanced Micro Devices - Moderated (AMD) Message Board

STOCKTALK

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 : Advanced Micro Devices - Moderated (AMD)

AMD 204.70

-2.5%

Jan 8 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: peter_luc who wrote (66799)	1/1/2002 8:20:45 PM
From: tejek	Read Replies (3) of 275872

Other risks for the Euro: - Germany, which used to be the flagship in Europe, is increasingly lagging behind. Presently, it has the *lowest" industry growth rate of all EU member States. Ironically, it is now Germany which drags the Euro down. Peter, isn't the risk directed mostly at the Germans and their standard of living? It seems to me that the Euro may prove to be the great equalizer....forcing the low end of living standards like Spain or Greece and the high end like Germany to more more towards the middle. That would mean that German to survive and coexist in this Union would have to accept willingly a lowered standard of living. This country went thru such a process about 50-60 years ago between the North and the South. The South was poor, more agricultural and not unlike Greece had little advanced/hi tech industry whereas the North was very industrialized and had a higher standard of living. After WWII, there was an out steady migration of factories from the North in which a particular industry over time would virtually relocate itself to the South. Eventually, the North and its cities began to languish, losing population and wealth while the South began to grow quickly and prosper. Overtime, the median incomes of the two regions have begun to approximate each other. Fortunately the North in the last 10-15 years has started the process of reinvention and has pretty much stopped its decline. This process of regional transformation has been fairly well documented by urban scientists in this country. While I don't think the changes that may occur in the EU will be as dramatic [there are important differences], I do think a facsimile of the process is possible. What do you think? ted

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next