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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (9792)12/2/2001 7:53:25 PM
From: MSI  Read Replies (2) | Respond to of 99280
 
Hi Sylvester80, Wrong ! I don't know what you're thinking in terms of, but you use such services and products with every interaction with the economic world around you daily. Each company you deal with has a likelihood of embedding improved tech in its processes to survive and thrive, whether mechanical, biological or network-engineered bandwidth. All you would detect is increases in quality/efficiency (hopefully, tho' granted some tech increases irritating inefficiencies and depersonalization as we all know, untilcompetition forces a correction)

To get away from that you'd have to be a hermit buying exclusively from other hermits. We all have no choice but to help the economy grow, practically just by getting up in the morning.

As far as investments, the faster comms of our interconnected economy absorbs good tech inventions at an faster pace compared with prior decades. It's easier to "get rich quick" if you're lucky enough to sponsor such inventions, and public stock in valuable companies producing same can run up faster, as well as, of course, overshooting wildly and coming back to a more Earthbound P/E/G ratio.

Anyway, that's a perhaps optimistic view which is less optimistic than I actually feel. If I said what I really think you'd think me a dotty raver.