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


To: mishedlo who wrote (42363)12/7/2005 6:48:38 PM
From: CalculatedRisk  Read Replies (7) | Respond to of 116555
 
Mish, nice interview!



To: mishedlo who wrote (42363)12/7/2005 7:37:11 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
You sound terrific in the interview.

You have a much more sincere and believable presentation than Tom Jeffries, whose well practiced delivery reminds me of an infomercial.

By the way, sales in the higher-end home market in California are indeed quite dead.

A friend of mine who builds in Sacramento, no portion of which fits the high-end description, is deeply discounting his existing home inventory to avoid getting stuck with it. He says the new home market stopped three weeks ago.
.



To: mishedlo who wrote (42363)12/8/2005 4:35:54 AM
From: kormac  Respond to of 116555
 
Mish,

Great interview. I am right now in Bangalore, India and over the last week I have read about the new 1 billion investments from INTEL, AMD, CISCO (1.3 billion) and MICROSOFT (1.7 billion). American companies are acting like lemmings. The Indian political system is thoroughly corrupt and infrastructure projects are obtained with bribes, leading to shoddy workmanship and poor materials.

I took a auto-rickshaw drive the Bangalore's electronic city. The HP busses which pick up workers throughout the city are parked on a muddy field beyond which you can see the kind of slum which is everywhere present. I wonder in what shape the buildings housing these companies will be in ten years.

Eighty percent of Indians live in rural areas and of them eighty percent do not have a bathroom. The trouble is that twenty percent of those who live in the city do not have a bathroom either.

How will this gloabal capitalism end. Where are we heading?



To: mishedlo who wrote (42363)12/8/2005 4:35:59 AM
From: kormac  Respond to of 116555
 
Mish,

Great interview. I am right now in Bangalore, India and over the last week I have read about the new 1 billion investments from INTEL, AMD, CISCO (1.3 billion) and MICROSOFT (1.7 billion). American companies are acting like lemmings. The Indian political system is thoroughly corrupt and infrastructure projects are obtained with bribes, leading to shoddy workmanship and poor materials.

I took an auto-rickshaw drive to the Bangalore's electronic city. The HP busses which pick up workers throughout the city are parked on a muddy field beyond which you can see the kind of slum which is everywhere present. I wonder in what shape the buildings housing these companies will be in ten years.

Eighty percent of Indians live in rural areas and of them eighty percent do not have a bathroom. The trouble is that twenty percent of those who live in the city do not have a bathroom either.

How will this global capitalism end. Where are we heading?