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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (29315)2/28/2003 1:19:14 PM
From: X Y Zebra  Read Replies (2) of 74559
 
so you propose to regulate everything ?

I assume that you would be in favor of suing McDonalds right ?

If the person is dumb enough to eat there (same thing with tobacco, if you are dumb enough to smoke)... then you deserve both... getting fat and getting cancer...

I mean.. dumb and dumber will do dumb things...

does that mean we need armies of attorneys and bureaucrats to save them from themselves ?

I am definitively NOT in favor of regulation... I hate bureaucrats with passion

and btw... "choice" to me is not only "lovely" it is essential.

what are the prospects for unskilled labor (and even skilled labor).. well I would say, the price will come down... why ? because there are a lot of poor people in other countries that are willing to work for less than in the Western industrialized nations...

the only way I see price of labor firming up is by either a reversal in the growth of population world-wide... or... a tremendous increase in the standard of living of the same population to the point that they would have some sort of "pricing-power" by demanding a better pay-check...

two highly unlikely scenarious....

perhaps the religious authorities will reconsider their stance when it comes to birth control in the third world and their fairie-tale theories of heaven and hell -lol !

to that end... how much regulation will it take to stabilize the price of labor ? [or to force manufacturers and entrepreneurs NOT to move out ] well, let's wait and see...

meantime... from the investment point of view... SE Asia continues to look good.

of course... i could be wrong
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