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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (24018)	2/21/2005 9:47:04 AM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

>>That, along with the fact that corporate insiders have been selling their own shares en masse, suggests to me that the folks who manage corporate America are not overly optimistic about U.S. business prospects, even though profits have been so high. << This time around, the reason for the extremely high profit for corporations has been due to outsourcing and the exploitation of cheap labor around the world especially in China. I doubt this is the case with the previous example, which was due to the pricing power and demand. The current case results in an overcapacity around the world like never before, and it will not go on much longer. I read that this year, the rural migrate labor who are willing to go to GuangDong (where most of sweatshops in the China located) has been down 7.5% comparing to the same time last year, even though Guangdong this year has cancelled the so-called entry restriction for rural migrate labor.