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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (47902)4/2/2004 3:17:01 PM
From: Maurice Winn  Read Replies (1) of 74559
 
Aztec's G421 versus Cyberspacoid's Q680.

Gloat, gloat.

The temporal world of fiat currencies grinding against each other in competitive devaluation continues apace. The olde worlde of clutching a defensive gold talisman continues and gives false hope to the adherents. The future world of cyberspace beckons and is winning the value race. Watching young people, I don't see them collecting piles of US$, or gold. They are all clutching cyberphones and upgrading them frequently, constantly clicking away flat out.

While we oldster types might consider new cultures adopted by young people as weird if not insane, the fact is that they will be around and we won't. They just need to wait to win. With the wisdom of age, I know that they'll be taking out the piercings, cringing at the rap they 'enjoyed' and hiding the more egregious tattoos, but they won't abandon the technologies they've adopted which retain their relevance. Sure, the CD will be replaced, but mobile cyberspace should have a long innings, like fire and the wheel.

Hello Jay. It's a strange feeling to go back to the 3D world where crops are grown, sheep [and tourists] are fleeced and mechanical devices rattle around in the industrial age [those that aren't already in museums or abandoned in undergrowth around old mine workings and in long grass in a back paddock].

It's a nostalgic, buccolic world of geomorphology and biosphere I've been roaming around. My little WiFi RoamAD roamad.com has not hit its stride but It's stride continued to lengthen, not to mention qualcomm.com , while I was away seeing what was happening in the 'real' world.

The parts of the 'real' world, meaning the 3D world where most people live, which are plugged into cyberspace are doing well. The rest seem to be stuck in the agrarian and industrial past in a time warp.

Places like Invercargill, Dunedin, Wellington, Masterton, Woodville and Dannevirke look much as they did in the 1970s though a few brands such as Subway colour the cityscape and petrol stations have been upgraded. Mostly, there has only been maintenance activity.

Other parts, like Queenstown and Wanaka are booming as tourists and wealthy immigrants flood in. 30 years ago I wandered through a bush track and actually onto Pancake Rocks, after parking in the gravel on the side of the road. Now we park in a large vehicle park and compete with crowds of tourists for a view from a fenced and sealed path which is like a small motorway through the bush, though it doesn't have a white line down the middle [probably because it's designed as a one way system].

Now I know where all those people pouring out of 747s at Auckland International Airport are going.

The roads are great compared with 30 years ago. I felt like Rip Van Winkle.

Mqurice, back in the engine room.
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