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

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To: yard_man who wrote (8821)7/7/2004 2:26:34 PM
From: mishedlo  Read Replies (3) of 116555
 
Terrorcell on the FOOL on outsourcing
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I continue to be amazed at the volume of editorials in Engineering Trade Magazines against outsourcing.

It seems like a few months ago the editorials were all pro-outsourcing.

Anyway, it seems like the Engineering community and the Authors/Editors of magazines that serve the industry, have realized what is happening and how it will impact them.

Small businesses and businesses without a sales force in Asia realize that they are losing new designs. Editors are realizing they are losing their reader base. Engineers (authors) are advising students to AVOID Engineering Degrees.

Plus they are publishing and editorializing the fact that the sky is really falling.

This is a big change in mindset. A big loss of confidence.
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