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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (63340)	6/11/2006 9:36:18 AM
From: shades	Read Replies (1) \| Respond to of 110194

Who is buying this trash, and why? Although the "economic hit man" would support your thesis on call girls - technology transer/manufacturing base transfer seems to be something they are gaining. IP theft of epic proportions is being allowed as well. If chinese and other gubbments goal is to hollow out everything they can from us in the greatest economic warfare ever waged - shouldn't they keep the party going buying the trash? We are seeing the fastest industrial/technological development ever in history. You don't want mr. creosote backing away from the table until he has busted open and dies eh? They are probably in amazement how much we keep stuffing and not exploding eh? Message 22530867 They think in terms of generations - not days like our people do here: anthro.palomar.edu There are many potential environmental influences that help to shape personality. Child rearing practices are especially critical. In North America, children are usually raised in ways that encourage them to become self-reliant and independent. Children are often allowed to act somewhat like equals to their parents. For instance, they are included in making decisions about what type of food and entertainment the family will have on a night out. Children are given allowances and small jobs around the house to teach them how to be responsible for themselves. In contrast, children in China are usually encouraged to think and act as a member of their family and to suppress their own wishes when they are in conflict with the needs of the family. Independence and self-reliance are viewed as an indication of family failure and are discouraged. It is not surprising that Chinese children traditionally have not been allowed to act as equals to their parents. ...World-views also involve a focus on the past, present, or future. Most North Americans are strongly oriented toward the future. This is especially true of young adults. Their focus is usually the immediate foreseeable future of a few years. Most college students are willing to work toward degrees even though it often means that they must delay establishing a career, getting married, and having a family. They do this because they expect a future payoff. That future is most often viewed as being only a few years away. In contrast, the Chinese traditionally have focused on several generations in the future. As a result, people often work hard, sacrificing their lives, so that their family will be wealthy in their children's or grandchildren's generation. They aren't just taking jobs - they are taking our entire breadth and depth of business dynamics and corporate paradigms. This happened to my buds at IBM in the mid 90's. it.slashdot.org Techies Asked To Train Foreign Replacements Posted by Zonk on Saturday June 10, @07:37AM from the have-a-good-trip dept. Makarand writes "David Lazarus of the San Francisco Chronicle is reporting that Bank of America (BofA) is moving thousands of tech jobs to India and has asked its techies to train their Indian replacements or risk losing severance pay. Although there is nothing in writing that says precisely this, the employees have been made clear about this responsibility in their meetings. BofA is outsourcing tech work to Indian companies whose employees do the work at half the cost of what a U.S. worker gets paid. According to an estimate, outsourcing has allowed the bank to save about $100 million over the past five years."

To: russwinter who wrote (63340)	6/11/2006 10:32:58 AM
From: UncleBigs	Read Replies (2) \| Respond to of 110194

russ, you're right. It would seem that the u.s. has complete control over the major central banks. How? I haven't a clue. Threats of death, enticements with cash, call girls, sports cars? All of the above? It's something. It's not an independent banking official in Japan deciding fraudulent agency paper is in the best interest of the Japanese people.