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 (25875)	12/2/2002 6:48:26 PM
From: Moominoid	Read Replies (1) \| Respond to of 74559

Gold to go up... everyone seems to recommend DROOY... but now I see DRD is so illiquid maybe CRS.AX? Doing some research now....

To: TobagoJack who wrote (25875)	12/2/2002 11:45:57 PM
From: elmatador	Respond to of 74559

"We can never compete on cost alone. We wouldn't want to either: our vision is to have cutting edge, highly paid jobs for working people, not a culture of cost cutting, low pay or long hours. Sweatshops have no place in the British economy." UK Patricia Hewitt, the trade and industry secretary, As it were an alternative. People like Patricia Hewitt does a de-service to ordinary people: 1) Give them an ego massage to give them a spurious feeling they are better than others. 2) Make them believe that their "superiority" will enable them to compete. 3) Make them believe there is a easy way to compete that doesn't require hard work. 4) Propose "move up the value chain" by investing in skills and training. Which is exactly what that other "superior" country Germany has been doing with the known results of building a Uber-bureaucracy that feeds on unemployed people. See my postings to DJ. Finally "Ms Hewitt will say that enlargement will create 300,000 jobs in the 15 existing EU countries." Yes 300.000 bureaucrats administering training for the noveau unemployed which believed on her bullshit. Industry 'must get ready' for enlarged EU By Sheila Jones, Northern Correspondent Financial Times; Dec 03, 2002 Manufacturers must "get ready now" for the enlargement of the European Union rather than complain that it will mean an exodus of jobs to eastern Europe, Patricia Hewitt, the trade and industry secretary, will tell employers, unions and regional leaders in Manchester today. There are fears that Britain will lose jobs, investment and EU aid with the accession of 10 countries in 2004, many from poorer areas, such as Estonia, Hungary and the Czech Republic. Ms Hewitt will argue that businesses need to "move up the value chain" by investing in skills and training. "We can never compete on cost alone. We wouldn't want to either: our vision is to have cutting edge, highly paid jobs for working people, not a culture of cost cutting, low pay or long hours. Sweatshops have no place in the British economy." Thousands of manufacturing jobs have already moved from Britain to lower cost countries. In the last quarter alone, manufacturing lost 156,000 jobs, according to the Transport and General Workers Union. Peter Booth, TGWU national organiser for manufacturing, said: "The very serious danger is that Britain will be unable to compete with either eastern Europe on cost or with the other advanced countries that are investing 25 per cent or more in technology and product development than Britain. As we are now, we will be squeezed between the two because we are not competing with the best technology among advanced countries and we cannot compete with eastern Europe on labour costs, and we should not have to." Britain's poorest regions, such as Merseyside and South Yorkshire, which receive substantial EU aid, are expecting to receive sharply lower amounts as poorer countries join the EU. Tom O'Brien, chief executive of the Mersey Partnership, the regeneration agency, said he believed the European Commission would act flexibly rather than cut off funds overnight. Ms Hewitt will say that enlargement will create 300,000 jobs in the 15 existing EU countries.

To: TobagoJack who wrote (25875)	12/2/2002 11:58:29 PM
From: elmatador	Respond to of 74559

What is the opposite of deflation? No. It is not inflation or re-flation. The opposite of deflation is BUBBLE!!!

To: TobagoJack who wrote (25875)	12/4/2002 1:38:06 AM
From: elmatador	Respond to of 74559

Investors flock to bet on the recovery of Turkey By Arkady Ostrovsky Financial Times; Dec 04, 2002 search.ft.com WHY??? Here's why: Turkey would open bases for US strike on Iraq By Reuters in Ankara - 07:41 PM ET NATO member Turkey said on Tuesday it would open its air bases to U.S. warplanes for military operations against Iraq if Washington went ahead with a war on Baghdad. news.ft.com The there's the other lackey: Britain to support Turkey on date for EU application talks The Independent - United Kingdom, Dec 04, 2002 BRITAIN WILL use all its influence to ensure a date is agreed next week for Turkey to start negotiations on membership of... These type of deals is the reason why the Australian PM supports the US actions. Hey, I haven't forgotten how the scams were during the Cold War years!!!