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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (96708)11/26/2012 5:51:44 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 217573
 
Good thought-provoking post TJ. Particularly: <those who benefited not from their own diligence but for the most part owe their status to a relatively short accident in history and rode the industrialization wave up and cresting on a tech froth, >

I have been aware of that for a decade or two, but it is gathering pace as the world's economic centre of gravity shifts eastwards from mid Atlantic.

The road to Hell is paved with good intentions: Message 28568878

Those "Coke and Pepsi" people, carried along, unknowingly, on the wave, are being dashed on the rocks of false expectation. Made in China industrious people are "stealing our jobs" and eating their lunch.

I don't believe that Made in China industrious people will vote to keep hordes of Coke n Pepsi people in the manner to which they have become accustomed, just as the industrious Germans are disinclined to maintain the lifestyle of indolent Greek and Spanish siestas.

Mqurice
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