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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 690.36-0.5%Jan 14 4:00 PM EST

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To: Johnny Canuck who wrote (39538)5/23/2003 1:00:30 PM
From: j g cordes  Read Replies (1) of 69762
 
Regarding this person's comments on deflation..

"The key to surviving technological deflation is to incorporate the new low-cost producers into existing supply chains."

Sounds like the rational for using illegal immigrants to work in factories, work as nanny's, and in the back of restaurants. Or for IBM to ship most of their software services to India. The executives get to pat themselves on the back claiming they've made the company money, while the neighborhoods surrounding manufacturing plants go down the drain.
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