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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 422.21

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4:00 PM EST

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To: Maurice Winn who wrote (45552)	1/21/2009 6:26:35 AM
From: elmatador	1 Recommendation Read Replies (1) of 219268

IBM has exited some low-margin hardware lines, such as printers and PCs, in favor of high-margin software and services products. At the same time, the company has shifted a significant percentage of its workforce to low-cost countries such as India and Brazil. So you know who provides the profits... What is the temptation's source? Profit. There's plenty to be made in the developing world, and in the BRIC nations in particular. Whereas the U.S. economy grew less than 2% last year, Russia and India each posted 6% growth, and China expanded by 9%. Even relative slowpoke Brazil tripled U.S. performance .

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