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

To: Haim R. Branisteanu who wrote (31899)	6/12/2005 10:20:05 AM
From: arun gera	Read Replies (1) \| Respond to of 116555

>In routine work were experience is needed in a modern world were physical power of the young is of little use I would prefer a 55 years old over a 20 something with all his inexperience and youth problems.> What if a huge percentage of the population is bed ridden at the same time? The developed world's productivity over last 40-50 years is partly because the internal economy of the family has been replaced by the external exchange of the goods between family and businesses. This is not necessarily more inefficient, but cost calculations by companies and governments have not taken into account these distinctions. See GM's plight. -Arun