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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: NOW who wrote (39741)10/17/2003 3:37:33 PM
From: Maurice Winn  Read Replies (1) of 74559
 
<"said it plans to hire 10,000 workers next year" in India... > who will want to buy CDMA2000 cyberphones. So will the people who sell those 10,000 workers all the things those 10,000 want to buy with their 10,000 x $10,000 per year. So will the people who sell things to the people who sold things to the people who worked for IBM. So will the government people who take the money from all those workers. So will the people who the government buys stuff from.

It is funny how many Americans seem to think there's something wrong with Indians earning a living and going shopping. The USA economy is a global economy. The USA needs Indians working, earning as much as they can with the talents they have, then going shopping. The USA needs Iraq working, earning and shopping. Not to mention China, Indonesia and everywhere else.

I need the world's economy humming too, not just a few overpaid wastrels in the USA. The USA is only 4% of the world. I need the other 96% working and buying CDMA2000. Indians are loving CDMA phones. Millions are being sold. They are more keen to buy cyberphones than Aztec gold, which just sits there stupidly. No wonder the Q has zoomed ahead of the G.

Mqurice
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