Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (24759)	10/30/2002 8:28:24 PM
From: elmatador	Read Replies (2) \| Respond to of 74559

Thais cannot compete either. I was at my neighborhood's hangout the Bull's Head pub and a nice lady stroke conversation. (It is good that there aren't many Latinos to compete with me in BKK!) She told me she work in her daddy's business making those metal stuff to make ladies handbags. Business have been good she told -and I believed judging by the convertible Mercedes I saw she driving out with. But since a few months the Chinese had attacked their business and they can't compete. Her daddy is a refugee from China and she told me perhaps they should have stayed at home. Well, she couldn't driven that Mercedes but at least she could compete. Luckly for Brazil, the Chinese can't compete with grain, meat, and other primary products such as Gisele Bundchen. We just wait for them to achieve USD1400 of income per capita and they will suck all stuff we could ship.

To: TobagoJack who wrote (24759)	10/30/2002 8:50:33 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Jay, 5 years ago on an investigatory trip to India, I found that they were stupidly ditching the last remnants of British colonisation, including English [but not Karl Marx]. Young people were annoyed to find that canceling English lessons was not a good idea when it came time to actually earn a living, which required English [or American]. Americans won't learn Hindi or various dialects, neither will Japanese or anyone else. Not until India has a lot of money anyway. So maybe China will beat India on that score too, despite the enormous head start India had 50 years ago, which has been completely thrown away in favour of continued poverty and state bureaucracy. <Warning the Indian IT industry against complacency and on the sole advantage of its high quality software skills with the monopoly of English-speaking techies, Shah reminded the high-tech delegates that it would not be far when the Chinese would pay back India in the same coin. "During my trip, Chinese officials have briefed me on the mega plans that are underway to teach English to millions of its people along with computer literacy. China is setting up in 25 states human development institutions, with as many centres of excellence to churn out IT geeks by thousands in the next 5-6 years," Shah disclosed. The Chinese are all set to repeat its economic and industrial success stories of the last two decades in the emerging knowledge sector. They are very focused in learning English rapidly to target the global outsourcing market in IT and biotechnology sectors.... > Indians had better start learning Mandarin or English or both. They could have made do with just English and the Chinese would have had to learn Hindi! Too late. The Chinese are getting umpty $billions and to get it people will need to know their lingo. Money talks. It talks the language of the person who has it. In a decade, that'll be China. Mqurice