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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: S. maltophilia who wrote (19420)6/3/2002 12:31:05 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Khalil, I just substituted US in the test for my imaginary country, and I am surprised I scored as high as I did.

On the cyber-world programming sweatshop story, yes, I believe many folks do not understand the fragility of a software, service, and consumption based economy.

Rules of thumb and toe: Software is nothing without hardware, and is easy to duplicate; service is naught without manufacturing, and cannot remain highly paid for the many; consumption is deadly without savings.

The extent of misunderstanding is scary.

Chugs, Jay
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