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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (11807)11/23/2006 7:17:57 PM
From: Mary Cluney  Read Replies (2) | Respond to of 219947
 
i am counting on them to bring on the mother of all debacles

what is in it for you to make such gloom and doom pronouncements with such utter finality?



To: TobagoJack who wrote (11807)11/24/2006 12:35:20 AM
From: elmatador  Respond to of 219947
 
Collective wisdom? Herd instinct! A group can act against their own self interest. If the IG Metall (German steel workers union was not that strong, that group of workers would be, today, in a better situation that they are.

Their strength sapped the industry that provided them with jobs. Unionized workers, forced companies to apply rules that in the end forced those companies to move abroad and there are no jobs left.

They exchanged gains for two generations against gains forever.