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

To: AC Flyer who wrote (25866)	12/2/2002 10:55:50 PM
From: Cogito Ergo Sum	Respond to of 74559

Gee AC, 7. And that legions of downsized white-collar workers will choose to use the opportunity provided by low interest rates and broadband connections to their home office to create an entirely new business paradigm, putting one more nail in the coffin of the oh so 20th Century "corporate" way of work. That's an almost dare I say it optimistic and uplifting prediction.... Flying in the face of world dominating corporate entities and more evenly doling out the wealth of the world.... Count me in... Kastel Self employed in Toronto...

To: AC Flyer who wrote (25866)	12/7/2002 4:28:21 AM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

Hi AC, nice to see you around. Re your points, they add nuances to the situation. 1. Structural inability to deal with non-performing debt. Yeah, it's my concern also. 2. Conformity-driven business culture with resulting low propensity to innovate. Is that the reason manufacturing is going down the drain in US? 3. Low birth rate with corresponding demographic skew towards retiree segment. 4. Xenophobia and zero immigration. 3 is a fact in a lot of countries and definitely in Germany. It is/can be mitigated by immigration, which brings up other problems. For instance the melting pot turning out chili con carne. btw, there's the plan to let Turkey join EU. In this case, there should be some hope for Mexico to join US in, say, 2015? Next five years - I dont think we need to wait for any new technology. It's the new applications of existing (dark bandwith etc).and btw, I still think, productivity is a variable one could/should dispense with. I guess I could quote Mark Twain as saying "There's lies, damn lies and productivity" Re long-term low rates ... It smacks a little of "new economy" idea, surviving its debacle in some new form. As if the working point of the world economy in some multidimensional phase space relocated (like the shift in the magnetic pole) to somewhere else. Where everybody gets money cheap and investing is no risk at all. Nah... The pendulum keeps swinging. RegZ dj