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To: GST who wrote (151129)12/31/2002 11:06:23 AM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Like I said, why are you picking fights?

>>clothes and gadgets

You think this is new and revolutionary? No wonder you don't tell us your age.

When I was growing up in the 50's all the "clothes and gadgets" I touched said "Made in Japan". Later everything I drove (and still drive) is "made in Japan". Later (briefly) everything I bought was made in Mexico, Brazil or Taiwan. Now everything I pick up is made in China.

Seems like Japan, Mexico, Brazil and Taiwan need to worry more than I should.



To: GST who wrote (151129)12/31/2002 1:14:01 PM
From: Logain Ablar  Read Replies (1) | Respond to of 164684
 
GST:

The FED fear is service deflation starts as well as manufacturing deflation. I look @ United as one blow but its not the 1st. All (most anyway) of those Andersen and Enron employees have had to take pay cuts. Ditto most in IT services. If it wasn't for insurance inflation in wages [health care & workers comp] wage cost increases would have been down 30% of the total increase (what the increase was 3% so only 2% flows to the worker, pre taxes).



To: GST who wrote (151129)12/31/2002 1:50:57 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
The reality is that people in the US are afraid for their jobs -- and they should be afraid. And they are afraid that there investments in stocks are going to get wiped out -- and they should be afraid.

Jobs are picking up a little now though. The stock market is a harder call.