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


To: mishedlo who wrote (45395)1/27/2006 1:50:36 PM
From: shades  Respond to of 116555
 
that labor is always paid in accordance with its productivity contribution. Yet

Well my cousins can't give thier crop picking jobs up and thier truck driving jobs up and thier car building jobs up and go back to school and be neural network AI experts - they just aren't dedicated enough or smart enough - so there is no hope for them in that model of the world - so the invisible hand will SMASH them while more hungry, dedicated, smarter people advance civilization - your problem Mish is you look at the world from the perspective of the dumb little guy at the bottom - got to be like Grace and look at it from atop the ivory tower down by the wegmans - progress requires human sacrifice of some - embrace it. I used to live in hawaii - they had to throw the virgins into the volcanoes to keep thier god Pele happy - its not a new idea - hehe.