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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Sea Otter who wrote (72476)12/18/2007 11:41:40 AM
From: coug  Read Replies (1) of 116555
 
Hi Ms. Otter,

re: <<If/when silicon valley goes under, I think we can safely say that the tsunami has hit the US. But for now all systems remain go.>>

What percentage of goods (tech) and services (support) from SV goes overseas (middle and far east for example) vs. what stays in the US for consumption? IMO, it must be the majority to keep your bubble alive because much of the rest of this country is suffering and SV can not use it all themselves. :)..

From what I know, (not much, I admit, about your neck of the woods :)), I would watch China very closely and if I lived in SV, and when she sneezes I would bundle up too.. :)

Oh, btw, how is the commercial real estate market there? That might be a canary to watch.

c
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