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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (1634)10/23/2003 5:25:44 PM
From: Mannie  Read Replies (1) of 110194
 
You got that right.

What a combination, high productivity & high unemployment. That is a natural state when emerging from a debt bust economy, but eventually, if we aren't seeing job growth.....we are headed down a new path, and who knows where that leads.

It's looking more likely, that when companies need to add capacity, they will look to outsource first. That is a big problem in a networked, service economy.

The worldwide rebalance continues.

scott
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