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Strategies & Market Trends : The coming US dollar crisis

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To: dybdahl who wrote (2881)12/9/2007 8:43:44 PM
From: Real Man  Read Replies (1) of 71462
 
That's quite interesting, thanks! I agree, the impact of IT revolution
will definitely be felt over the next decade or two as the speed
of networks
and networking to every home drastically improves. Then the whole
entertainment/communications industry will change, TV and
telephone as we know them will probably die - there is
no reason not to have a video phone over a broadband connection,
or a TV that "responds" to your demands (kind of like on
demand cable now) -g- Video rentals will probably die, even
PCs might die as we connect to some big powerful supercomputer
using home PC as a terminal.
However, the progress seems to be rather slow so far. I'm using the
same cable modem I used in 2000, since FIOS is not available in
most areas. A lot of folks still dial up.

I guess if history is a guide, there were many great inventions
during the roaring 20-s, that took decades to implement later,
so this does not necessarily cancel the economic bust. Similarly, technology in Japan developed well during their
bad times after 1990.
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