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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (19508)6/11/2002 9:49:19 AM
From: elmatador  Read Replies (1) of 74559
 
Of course there is a lot of affected interests that wants to pull the hand break on globalization.
If you work for a state-owned telecoms enterprise, for electricity utility, state-owned bank those guys are scared shit-less of Globalization. If your work for a government-sanctioned cartel such as an airline, or the Post Office, you should be alarmed by globalization.

But again, look what happened to the auto industry from the late seventies to the late eighties. Look to the rust belts of this world. They are all gone.

Do anyone miss them? Not at all. economic and social changes move and people adapt. Globalization is unstoppable.
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