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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%4:00 PM EST

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To: Chas. who wrote (39493)9/3/2008 1:01:49 PM
From: elmatador  Read Replies (1) of 217854
 
cellphones, are similar to watches in the 60's, once digital we can buy them per kilo. Cellphones and the networks to chat are ubiquitous even in Africa where I usually work.

Compare cellular networks with people sticking poles on the ground and stretching copper wires for people to talk like the US after the civil war. We do networks on the fly nowadays.
The scale is gargantuan.

It is much easier to produce goods because they are no longer made by artisans. Blue print are produced by computer. Easily to replicated. They are manufactured by automation. An handworkers are available aplenty

laptop the Chinese bought IBM operations -now Lenovo- and most of the computer gear is manuafactured there.

Same goes for refirgerators and washing machines

Jeans cost next nothing. Most of the price is marketing and fancy stores. The Chinese blue jeans are most likely dirty cheap for the locals.

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