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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: eddieww who wrote (15341)	12/4/2002 11:04:42 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 19219

There are many, many products and services that can't be produced outside the USA for ANY price." Such as? Most IP for software products, consumer and enterprise... as well as software components of networking equipment. Or to put it another way... can you name a prevalent operating system that was created outside the USA? (I can think of one offhand - btw I don't include Linux because that is a unix variant which came from US)

To: eddieww who wrote (15341)	12/5/2002 2:44:11 PM
From: David Howe	Read Replies (1) \| Respond to of 19219

<< Such as? >> Like almost the entire technology industry (hardware and software). Sure, other companies can copy US technology, but 90% of innovation comes from US companies. Some advancements come from outside the US, but the countries that provide these advancements have wage rates similar to the US (ie. Japan). The areas of the world that have lower wage rates are not and will not be the leaders in almost any type of technological advancement. At least not for the forseeable future. And yes, the technology industries are a huge and growing part of the world economy. The US is the leader, by a huge margin. Other areas include Science (ie biotech), Military, Aircraft, etc. etc. IMO, Dave