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

To: macavity who wrote (16267)	2/12/2003 6:12:06 AM
From: nsumir81	Read Replies (1) \| Respond to of 19219

no need for history..just look at artificial entities like software stocks-g all is well

To: macavity who wrote (16267)	2/12/2003 12:25:53 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 19219

I know much more about economic history than most that post here. Especially manufacturing productivity etc. To me, it seems like you all are just rehashing the current buzzword you have heard - "china". Yes we all know china is an emerging powerhouse. But there are so many issues to overcome before china can even think about attracting foreign capital to the degree that Japan did in the late 70s/80s. The first huge issue wrt China emerging is that most of their efficiencies are based on one thing: cheap human capital. That is not the best sustainable advantage to have, particularly when automation extends the hand of cheap labor for the industrialized nations. Nobody mentioned India which has its issues but on pure intellectual capital dwarfs China.