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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (60662)7/16/2002 4:56:16 PM
From: DebtBomb  Read Replies (2) | Respond to of 208838
 
No inflation IMO, deflation. Cheap labor worldwide, half the world working for 2 bucks a day. BtoB and the internet created a situation where cheap labor can provide cheap products easily. Price wars ensue, no margin increases, IMO. This is the productivity Dr. Greenie talks about, but he doesn't give the details, IMO.
IMHO prices and profits will continue to decline.