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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (10684)	3/22/2004 9:05:57 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

Innovation may not be dead but a wealth of new high paying jobs is. There is NOTHING we can come up with that can not be taught or produced elsewhere at far lower labor costs. Mish

To: Archie Meeties who wrote (10684)	3/22/2004 10:36:54 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 110194

wrong, rest of world passed US in patents years ago in the mid 1990 decade, check it for yourself and so what? back in late 1980's and early 1990's, we would produce patents, but then be so slow to market, that the Japanese beat us with products, after simply reading the patents in the Library of Congress besides, we have so many regulatory obstacles not present in Asia, that helped the Japanese (and Koreans, Taiwanese, HKongers, etc) US corporations "do it" but it does not benefit Americans their stockholders benefit their employees (in Asia) benefit where have you been in the last few years? when did I say INNOVATION WAS DEAD ??? try reading what I said again, you misquote I say technological devmt are shared fruits Greenspasm believes tech improves corp profitability, as a central plank on the New Economy myth since 1985, corp profits have trended down down down when all corporations are able to use the same shared tools, then the benefits get passed down to the consumer esp cheaper after overexpansion and glutted bankruptcies at the margin, US corps are expanding abroad before too many more years, US corps will have very few American workers, but perhaps plenty of profits because they will be harnessing Asian labor, intellectual talent, and DESIRE TO WORK S&P index is no longer a Leading US Indicator it is a US Financial Sector Present Indicator, combined in a perverse fashion with a Leading Asian Indicator i.e. US inflation plus Asian expansion HAS ANYONE NOTICED THE EXTREME DEARTH OF DESIRE TO WORK IN THE USA ??? kids learn to spend, party, and use drugs even if heading to bankruptcy ARE YOU AWARE THAT 23% OF US COLLEGE GRADUATES HAVE ALREADY DECLARED BANKRUPTCY ??? you have much to learn, youngster / jim