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

To: RealMuLan who wrote (29298)	2/28/2003 2:23:39 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<do your think this current trend of outsourcing IT and manufacturing in the US and Europe can be continued in a long run?> Sure! Until economic flows rebalance and there's no more economic benefit to outsourcing and manufacturing. With Chinese having low incomes, and Indians having lower still, the process can continue for years. But money won't flow until the owners feel it's safe - India isn't a safe place for money yet. Too much kleptocracy. Mqurice