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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (15497)	2/23/2002 3:54:49 PM
From: AC Flyer	Read Replies (3) \| Respond to of 74559

Hi Ray: >>so blind to the community impacts<< By "community impacts" I am assuming that you mean ever-rising US household incomes and the falling costs of the goods and services that we all buy. I'm not blind to that at all. I'm all for it. But if you mean the $30 an hour UAW guys who would regularly sleep on the job at the old General Electric who now make $15 an hour and work 40 hours for a week's pay, well I'm all for that too.

To: Raymond Duray who wrote (15497)	2/23/2002 4:12:54 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

As the agricultural societies were doomed by the Industrial revolution, the machine society will be doomed by the Information Age. Which in its turn will doomed by the knowledge age. Due to the pattern of technology development, demographics, concentration of consumption, industrial overcapacity, and product demand saturation;the More Developed Countries’ (MDCs) individual share of world’s wealth is diminishing. Every industrialized country will shrink back to its ‘natural’ size as wealth is spread more evenly. I think I should have published my book.