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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (72621)	12/31/1999 12:49:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 132070

India is perhaps the largest producer of the software producers. Ho hO ho!

To: Mike M2 who wrote (72621)	12/31/1999 1:11:00 PM
From: Simba	Respond to of 132070

Mike: I have a few Indian friends. They tell me that the number of software companies and professionals in India has been increasing at a tremendous rate the last few years. Indians have an advantage due to their primarily English based education system. Many US software companies have opened branches in India: Microsoft, HP, IBM, Adobe etc. US multinationals will increase profit margins at any cost even in the event American workers lose their well-paying jobs. I think American workers will be competing head-on with foreign workers if WTO and the multi-nationals get their way. To their disadvantage they are on the average less educated drawing a larger wage than their foreign counterpart. This is also the reason I believe that price inflation will be well contained as global capitalism expands. Asset and stock price inflation is a different matter which will be governed by usual herd behavior. Simba