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: Maurice Winn who wrote (29293)	2/27/2003 11:47:26 PM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

Maurice, do your think this current trend of outsourcing IT and manufacturing in the US and Europe can be continued in a long run? I somehow doubt it, because someday in the near future, the people in these developed countries will wake up, and realize they are really not that better off from this type of unrestricted global trade. There is NO use bashing China and India, or crying China should revalue its currency... The developed countries have to do some serious policy change within. just IMHO

To: Maurice Winn who wrote (29293)	2/27/2003 11:53:19 PM
From: LLCF	Respond to of 74559

<Why? To reduce their competitive positions even further and increase costs to their citizens. > No, to protect the citizens illusion of the way life should be. Yea, as a capital holder we want 15% unemployment in the US if thats what the global labour market dictates. But that aint going to happen. I unemployment rockets, there will be policies implimented, you can bet on it. Unemployed people dont' give a rats ass about competition. DAK