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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (64533)	9/14/2003 3:07:10 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 77397

My concern is that no one is looking at the big picture... well, I mean no one that is capable is looking at the big picture if you see what I mean. Yes. When tying the knot on the weft of the tapestry on the wall of the castle on the hill in the country on the continent on the planet in the solar system in the... it's kind of hard to watch it all and still make sure we don't tie the knot with the wrong colored thread. Given that the USA exports its consumer, and the USA consumer is by and large a wage earner, then yes there is a strong basis to the opinion that a recovery without USA employment is likely to be incomplete. However, as China sets about increasing the standard of living for its inhabitants, a small increase in consumption by China could be more than enough to offset a large decrease in consumption by the USA. I don't know. These macro effects are very hard to quantify. I suspect that what we are seeing in the west is not so much of a global economic decline as a shift of economic epicenter towards the east. Which, of course, is indistinguishable in the west from a decline. A sort of economic relativity.