Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ramsey Su who wrote (12449)	1/2/2002 1:24:07 PM
From: LLCF	Read Replies (1) of 74559

<Take Europe as a whole, I just don't see how their work attitude is going to remain competitive. 30 hour work weeks and 5 weeks vacation per year may be great for the citizens, but when you have 28 days work months and practically no vacation for billions of workers on the other side of the earth. > Good point except what matters is not the static... the stats right now, but the dynamic, where we're going. I think there is a lot more room for europe to gain productivity than here where third world wages and work hours already prevail in many areas. DAK

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