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

To: patron_anejo_por_favor who wrote (22120)	7/12/2004 4:15:04 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

well, I have noticed some acceptance of Roach's correct assessment of the situation by more economists these days. They don't call offshoring "comparative advantage" anymore for example. Software embraced offshoring (msft longhorn is produced offshore and most of oracle) and ended up offshoring their business away. I don't know what the solution is. It sounds like Roach thinks somebody in government or industry needs to do something proactively about the trend. 2 years ago economists were acting like this would just work itself out, which anyone in an offshoring industry knows won't happen.