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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (28831)1/30/2002 11:18:32 AM
From: Terry Whitman  Read Replies (1) of 52237
 
In the future there will be very little manufacturing done in the developed world. It's a natural progression- The developed world (1st world) continues moving into the information era, while the less developed (2nd) world takes on the industrial era. As the 2nd world moves further into an industrial era, the least developed world (3rd world) takes on the bulk of the agricultural era left behind by the 1st and 2nd worlds.

It does cause alot of problems with dislocations, etc. People don't like change. We saw the same type problems here decades ago with the phase shift from an agricultural society to an industrial one.

Alvin Toffler spelled it all out many years ago in his trilogy of books. If you haven't read him- you've missed out on probably the best explanations of natural economic and social progression I've come across.
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