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

To: TobagoJack who wrote (37559)	8/30/2003 4:23:52 AM
From: EL KABONG!!!	Read Replies (2) \| Respond to of 74559

Hi Jay, The Steve Liesman, Mike Norman and Gene Epsteins of this world will have their heads handed to them in a basket as the blade of economic justice exact its due. You may yet be proven correct. Only time will tell. As for me, I think that somewhere down the road a bit, there will be more than just a few minor bumps in the "mortgaged-up-to-my-eyeballs" game... My advice to fellow threaders is to pay off (in full) whatever debts you can (immediately), and reduce those debts that you simply cannot pay in full to the lowest possible amount. Remember... Interest not paid to a lender is a more viable economic gain than monies made on stocks and bonds, because you don't pay taxes on the money saved... KJC

To: TobagoJack who wrote (37559)	8/30/2003 11:42:48 AM
From: Haim R. Branisteanu	Respond to of 74559

Jay, Steve Liesman, is just a very optimistic guy contrary to others who appear on CNBC and have an agenda to enrich themselves on the expense of others. I hope I am not wrong

To: TobagoJack who wrote (37559)	8/30/2003 1:52:45 PM
From: NOW	Read Replies (2) \| Respond to of 74559

Questions for the thread: 1) It seems a given that white collar jobs will now be moved oversees from US at increasingly rapid rates. Is that assumption likely to be true? 2) If that is true, at what point does some sort of equilibrium get reached or natural braking mechanism come into force for that trend? ie: companies profits initially are increasing as costs decrease but since jobs growth and salary growth is stagnant amongst those that consume said companies products.... or, wage parity is acheived in India and China making job flight less obvious, unless US educational system sucks even more (not unlikely). 3) How to profit over the long haul on this job migration?