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To: Bill Jackson who wrote (66190)	12/25/2001 6:30:56 AM
From: fyodor_	Read Replies (1) \| Respond to of 275872

Bill: The Euro system fosters high levels of unemployment because factories in good times will stretch out delivery times instead of hiring new workers since after the boom fades they cannot lay off those workers Actually, the labor laws vary greatly from country to country within the EU. Germany, for example, is fairly "bad" in this respect, with workers almost having a job-for-life situation after just a few years of employment. Such is not the case in any of the Scandinavian countries, nor the Benelux. A good parts of the sucess of Nokia was the failure of the FCC in the USA to promulgate a set of uniform standards. Nokia's success was built at home (Europe), not in the U.S. We didn't have uniform standards for a long time either. There were actually two complete and competing nets built, GSM and N-something. However, with population densities in the EU, especially Northern Europe, much greater than in the U.S. - and with populations generally less mobile and monopolistic pricing among existing, traditional phone companies - building a cellular empire in Europe was a much simpler task. -fyo