Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (29293)	2/27/2003 11:47:26 PM
From: RealMuLan	Read Replies (1) of 74559

Maurice, do your think this current trend of outsourcing IT and manufacturing in the US and Europe can be continued in a long run? I somehow doubt it, because someday in the near future, the people in these developed countries will wake up, and realize they are really not that better off from this type of unrestricted global trade. There is NO use bashing China and India, or crying China should revalue its currency... The developed countries have to do some serious policy change within. just IMHO

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