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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: mishedlo who wrote (1336)2/9/2003 1:05:25 AM
From: Win-Lose-Draw  Read Replies (1) of 11447
 
china isn't only absorbing manufacturing jobs, it is absorbing tech jobs. CSCO's pointless lawsuit againt *Wei is just the beginning. i take that back: $40 dvd players were the beginning, CSCO's lawsuit is the beginning of the end.

the disparity in wages between americans and the rest of the planet *will* shrink dramatically, even in tech. it is absolutely inevitable. nature abhors gross imbalances.

everyone can decide for themselves whether it is easier to raise income for 5 billion people or lower it for 300 million people...

note: i say this without any rancor or ethnic-bashing intent. the world is what it is and i'm grateful i've had it as good as it's been.
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