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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: gpowell who wrote (16872)2/6/2004 6:55:41 PM
From: Lizzie TudorRead Replies (3) | Respond to of 306849
 
Really this whole discussion boils down to one or two posters self-interest in preventing foreign competition.

You know that is funny because I think this entire discussion boils down to two or three people's resentment of the ease of wealth creation for people under 30 in the 90s. You especially exhibit those traits. Try to step back, and think about what it means that our newest most promising companies like Juniper are doing 100% of their R&D offshore, even though studies show that offshore programmers deliver inferior quality code. And make a case to yourself how that benefits the US as a whole, especially since Juniper continues to receive large US government projects funded by taxpayers.



To: gpowell who wrote (16872)2/6/2004 9:22:29 PM
From: bentwayRespond to of 306849
 
I'm not for protectionism. Show me that most Americans have rising incomes since 2000. Or did you mean these rising incomes?

publications.worldbank.org



To: gpowell who wrote (16872)2/6/2004 10:08:01 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
I just noticed you'd checked out for the evening, so I did my own research. I don't see US incomes rising here (check the figure 2 chart):

census.gov

As I said, I'm not a protectionist. I'm heavily invested in both India and China. I think this will be their century, and I don't think it's unfair. I'll be fine whatever happens, as my needs are miniscule and I'm debt free. If you want some explosive, 90's boom type investments, check out India Stocks and China Stocks. Booms do go bust though, so watch yourself.