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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (47220)	9/5/2003 10:38:07 AM
From: X Y Zebra	Read Replies (1) \| Respond to of 57110

yes i remember... it was the "new economy" with all that productivity... which as you point out, is exactly what it is killing the "real economy" forcing <-gg> everyone to become... ahem... "day-traders" which in turn gave us ---> THE BUBBLE (i suppose that supply-demand-law was never repealed) hence, when everyone run out of money to buy more .com's then... they became .bomb's "foreign manufacturing" is the key word... and as the law of supply/demand dictates (applied to labor prices... let's see... how many Chinese (or third world members for that matter) have jobs with BMW's as pre-requisite to accept such jobs?... i thought so.... for the foreseeable future, the price of labor unskilled primarily, but even skilled labor too... will remain under pressure... i wonder if unions have figured this out.... -g let's not forget that information, (the glut of) is not necessarily "valuable"... so the coveted IT will be equally valuable... or not. what puzzles me is that while the "recovery" seems to be there... (or one could "manage statistics" i suppose) I wonder for how long can this be sustainable without the lacking job creation ...? how long can re-financing help? i certainly would not dare give... "an economic forecast" quoting Confucius: "no flies can get in one's mouth when one does not open it" -gg