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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (1133)3/3/2004 5:22:23 PM
From: Chispas  Read Replies (1) of 116555
 
"Greenspan told us to believe in the new economy."

Said we didn’t need manufacturing or old line economy jobs, our jobs would be based on the new economy, tech jobs, services and finances. Well we lost the old economy jobs, that’s for sure, they named a part of the country “RUST BELT” to honor it. But wait, now the new economy jobs are leaving too, tech software jobs, services and finances can be done over the internet, what do we plan to name that part of the country “SILLYGONE Valley?” and what is Greenspan’s answer to this? We are stupid and need training, we aren’t coming up with new ideas. White or blue collar we are all too dumb to handle the jobs. WE are not worthy.

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