Mish's Global Economic Trend Analysis Message Board

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

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To: RealMuLan who wrote (71228)	11/16/2007 2:00:49 AM
From: Archie Meeties	Read Replies (1) of 116555

The extra profits come from increased productivity and technological moats. Raw materials have less of an impact on the economy (roughly half as much vs 30 years ago), and pricing power is good for many companies, especially tech. Think of the margins for Microsoft, Apple, Qualcom, RIMM, Monsanto, INTL and hundreds of other companies...who can copy what they do? Wait, don't answer that, lol...

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