hello seeker, agreed.
the big difference between ussr and china is of course gm, ge, p&g, intel, microsoft, ... nec, bp, bayer, ... and now, newest to the list, the company that turns out airbus, the list is endlessly scary, etc :0)
your point about machinery is what maurice is missing i have been working on a big deal where the end result is that complete r&d, total engineering, and yet more manufacturing of client will be shut down elsewhere and established in brian's ancestral homeland, because the center of gravity of the entire industry has shifted and will continue to shift.
the client's board made the decision after some consideration, because there is no other choice
amazing thing happened, whereas the client used to make own proprietary equipment, taking 6 months per item, and 12 months per line
the one piece of equipment ordered from china supplier, as a test, was delivered already, only 6 weeks after the board had made the 'go' decision, at 30% of proprietary cost, which ought to sharply shorten payback if applied successfully to the whole production line
the chinese supplier has plenty of cad cam, designers, reverse engineers, and such, and has, yikes, started to innovate by combining the best features of competing global equipment suppliers
when maurice believes that practice can be separated for long from the upstream engineering, and the seedling of r&D, and the holy grail of R&d, he will be proven inevitably wrong, whether one is talking about manufacturing, or data encryption, or math, or biotech, or anything else for that matter
your mistake is that you brought up the japanese, in a conversation with brian h ;0) do not mention the japanese with brian h :0)
but, as you correctly point out, there is no sense to argue, because, as i always say, should one be correct, one does not need to, and if one is wrong, one cannot afford to
btw, happy holidays, we who believed in oil and worshipped gas. may we do well again in 2006. Sure beats QCOM finance.yahoo.com , going from 45 to 45 :0)
I love investment arguments, so easy to settle the difference, as in subtracting 45 from 45 gives one ... let me make sure by tapping on HP machine, made in China, ... ah, zero, precisely, to several decimal places :0)
where as gld finance.yahoo.com 45 => 50, a no brainer :0)
argument settled.
now, should one wish, one can take the profit from gld and place a wager with qcom, ... but as far as i can see, no particular reason to do such a silly thing ;0)
maurice and brian treat the game of investment as being right or wrong forall times, not aware that the game is only moment to moment, and the moment is no longer with qcom
gld, a derivative of gold, is a shorthand for gold. gold may be moment to moment, but has being doing its destined duty for a while
chugs, J |