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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (8062)10/19/2002 12:22:10 AM
From: Petrol  Read Replies (1) | Respond to of 57110
 
I agree. I don't believe its potential has been realized but I also don't believe that we still don't need to cull the herd. A lot.

Let the best rise from the ashes -g-



To: Jorj X Mckie who wrote (8062)10/19/2002 1:37:40 AM
From: X Y Zebra  Read Replies (1) | Respond to of 57110
 
love tech. I think it will change the world. I think it will precipitate many revolutions. We just got too much, too fast at too little profit and at too high a price.

On paper, everything makes sense... except that, for starters the majority of the population in the US has had its fill. Not only because it has become too much too fast as you point out, but because a great percentage of the populi can barely figure out how to use a computer. Then the tech elite really can benefit from tech "so much"..

The real problem is... to support the valuations as they were, you would have to have not only the USA continuing to desire the new gizmo, new computer and the faster toy etc.. etc... but the rest of the world to do the same... yet, there are vast areas of the world where priority one is how to feed yourself...

until that changes, the needed demand for eternal growth will simply never exist.