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

To: smolejv@gmx.net who wrote (36429)	7/24/2003 12:25:23 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi DJ, yes, there is overcapacity for many things in the world, and the overage is made worse by the need to establish new capacities in China/India, of the type that is not constrained by minimum wage laws, burdened with structurally bankrupt defined-benefit pensions that will not revive in any recovery, and filled with diligently happy workers wanting to build a substantially better future per Maurice's peace light and harmony chant. The bubbles you speak of should include at least two, one in the emerging space of service and production (India/China), and one in the imploding center of financial-scape (gold) per this script Message 19139938 Chugs, Jay

To: smolejv@gmx.net who wrote (36429)	7/24/2003 4:45:29 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

DJ, India is full of people < Because, who th needs new capacities! > They need new capacities. China needs new capacities. Heck, I need new capacities. I want my Lexus, Gulfstream, super duper cyberphones, DNA engineering, It and a lot more besides. I need a comet buster, bunker, and even a new planet [we are bit too dependent on the sun for my liking]. There are a LOT of capacities needed. There are billions of people wanting new capacity. Production rates are pitiful. We want more. LOTS more. At present, some of the existing capacity is in the wrong place because people are working cheaper somewhere else so the factory in the high priced place is no longer useful. Mqurice