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

To: jim black who wrote (26843)	1/4/2003 8:58:49 PM
From: Maurice Winn	Respond to of 74559

<The part about the dollar is not completely without merit. Our manufacturing base is going south of the TX/MEX border. Forgive us our paranoia.> Like Japan, the USA has done its share of manufacturing and now it's time to ship the manufacturing to people who need the money more than Americans do [as shown by their willingness to work for lower pay rates]. China can pick up the burden of actually producing all the cdma2000 equipment and ASIC manufacturing. QUALCOMM needs only give them the instructions on how to do it and supply the ASIC designs and invest some money. As one ages, one doesn't want to be on the factory floor. One wishes to live off investments and past efforts and savings. Japan and the USA [and me] can kick back and leave it to those who are young and vigorous and need the money more. Even Mexico is climbing up Maslow's Hierarchy of National Needs, shedding manufacturing to China [to the dismay of some Mexicans who were getting too comfy too soon]. China has got a long way to go before they'll want to rest on the oars. Then there's India, with another billion people needing an upgrade to the cushy life. Then there's Pakistan, Indonesia and a few places between. Russia could do with an upgrade too. Africa is a problem - I suspect they'll need colonisation before they'll be fit to invest in. The USA has done a lot and deserves a rest. Though they shouldn't rest too much - obesity, diabetes and other problems await the fat, dumb and lazy. I think everything will be hunky dory and the Islamic mayhem won't amount to anything. Too many Moslems are just normal people wanting to have as good a life as they can. They don't believe they'll be better off with jihad blowback ruining them [as they've seen with Saddam's jihad efforts, not to mention the Taleban and Osama having to hide in a hut somewhere]. The main thing is for We the Sheople to find a mechanism to establish a dinkum world government to replace the UN which is undemocratic and too busybodyish in some respects and too hands behind backs in others [such as their wimpish acceptance of being tied to stakes by Serbs and accepting the murder of thousands at Srebenica]. Mqurice

To: jim black who wrote (26843)	1/5/2003 11:54:49 AM
From: AC Flyer	Respond to of 74559

Jim, you are right about the paranoia, which swirls thick and tangible here on BB&R. The primary reason I don't spend more time here, other than that I have plenty to do in the 3D world, is the almost total absence of reality-grounded critical-thinking. The practical difficulties associated with finding, buying, testing, maintaining, transporting, positioning and detonating nuclear devices on US soil are great indeed. Even if Al Qaeda or any other group were to actually succeed in this or something like it, I think the US populace would then insist that the Government, the intelligence services and the military toss the rule books out the window to exact retribution. No-one would be concerned about "collateral damage." The primary reason that the USA now (appears to) attract so much hostility is fear, pure and simple, despite our track record of generally benign foreign policy and support of human rights. The global balance of power has rarely been so one-sided. US culture and US economic power are having a global impact. Islamic youth around the world want to move to LA and (some of) their parents fear us for this. One more thing - I can't let you get away with this: >>Our manufacturing base is going south of the TX/MEX border. Forgive us our paranoia.<< This is an old chestnut which can be disproved with 5 minutes of Googling. What IS true is that the percentage of the US population employed in manufacturing is declining (from ~40% forty years ago to ~20% now - to presumably ~10% by 2040), while the percentage of US economic output represented by manufacturing has remained constant at about 40%. Anyone who has worked in manufacturing will tell you that this is a GOOD thing. Opinions to the contrary are merely pro-forma Ludditism, containing nary a shred of critical thought, and are akin to bemoaning that we can not go back to 1800 when 90% of the population had "good", "real" agricultural jobs.