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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Si_Detective who wrote (7185)5/24/2001 11:05:55 PM
From: craig crawford  Read Replies (2) | Respond to of 57684
 
Ok, I went and cooked some food and came back and I guess it's a little clearer. Technology is a must-have thing because it can help us to conserve the limited resources on the planet? We can save oil and other things by "telecommuting"?

If that's his point that's all well and good, but I don't see how that's relevant to the discussion. Technology has ALWAYS been here and it always will be. Productivity was a huge buzzword back in the 20's as well, you know. New machines arrived on the scene which made manufacturing more efficient and saved labor. The railroads helped commerce along and then the telephone facilitated business. Now we use fiber optic lines. Technological progress does not guarantee your bubble stocks will go up forever, ok?

I don't know how many more ways I can put it. We have always had technological advances and productivity gains, and we have always had bull and bear markets and we have always had a business cycle.

It isn't different this time. It never has been and never will be.