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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (9704)8/9/2000 12:43:00 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<We gained productivity the old fashioned way, by exporting our labor costs to 3rd world countries while forcing the domestic work force to compete for salary with overseas
workers.>

Of course this shifts value between the productive factors... ie. FROM labour TO capital [ie. stocks]... this was talked about in the 80's and the market correctly 'took off'. However how much further this trend could possibly go is suspect IMO, and at todays prices we may very well be assuming that labor has no value and stock has 100% for the forseeable future... no way to tell for sure... but that would account for all the 'day traders'.

DAK



To: patron_anejo_por_favor who wrote (9704)8/9/2000 12:48:31 PM
From: Ilaine  Respond to of 436258
 
When the foreign baghold...ERRR, INVESTORS finally tire of sending us their fine finished goods in exchange for ClownBux, the party is over for good. And this will be one hangover I don't want any part of....

Don't hold your breath.


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