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: RealMuLan who wrote (29284)	2/27/2003 8:08:06 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

I did not know India's fertility was still that high. India will need to follow a different path - things that can be done by sticking a satelite dish up and setting up a call center, computer programing, etc. Except near big costal cities, the infrastructure is not there to support as much heavy manufacturing as China. Nothing like Three Gorges Dam, or many super highways. Developed countries will need to become somewhat more protectionist in certain areas. Some degree of economic pressure is useful to make the developed countries adapt. (of course that view tends to favor North America, which more more labor mobility than Europe) As the successfully developing countires start to export capital and buy more expensive and complex things from the developed countries, they are likely to favor letting their currencies rise somewhat.

To: RealMuLan who wrote (29284)	2/27/2003 9:26:20 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<I don't think this Democratic proposal of adopting a minimum wage internationally will work. > Yiwu, neither do I. What a crazy idea. Regarding India, if they ever decide to ditch Karl Marx they could advance in the same way that Singapore, South Korea, Japan, Taiwan and now China have done. They could do much better if they would really turn people loose and get the kleptocracy off their backs. Unfortunately, kleptocratic bossy britches only get meaning from life when they are bossing other people and taking their property, so there's not a lot of hope. But as Indians look around and wonder why they are sitting in poverty while hordes of people around the world do well, they might figure out that it wasn't the British that made them poor - it's themselves voting to stay poor. They now have China across the border as an example of how well a big country can do in a short time. Mqurice