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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: oldirtybastard who wrote (70086)4/15/2001 11:38:37 PM
From: ZenWarrior  Read Replies (1) | Respond to of 122087
 
You missed my point... the point is that a Capitalist system is all about creating efficiencies and a more livable, enjoyable environment. We, the human race, *had* to spend 80 hours per day in agriculture a couple thousand years ago. Today, food is a very small portion of your expenses, or your working wages. Why? Because of technology. As technology advances, so does economic efficiencies. In fact, almost 50% of the workforce will be in technology within a couple years, if that... why? Because there's no longer a need for manual work when you have robots putting cars together, and the Net handling all the paperwork. Bad for those who aren't in technology, but extremely good for the economy and the nation as a whole. *That* is *true* economic growth.

If you recognize Bangladesh's non-technological, poor condition, then you should recognize technology's growth potential?? Semiconductor firms are just now being built in China... semi growth there is expected to be in the high double digits.

Debt & home values are different issues, having little to do w/ the demand for technology... which is what we're talking about. But I'll gladly discuss that at a later time.

What % of your net worth do you play with when you really get going and start feeling lucky with the options?

Very, very little.

- Zen