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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bubble Watcher who wrote (79404)2/4/2008 2:28:03 PM
From: robert b furman  Read Replies (2) | Respond to of 94695
 
Hi BW,

I think globalization will continue to flourish.

The Chinese manufacturing without environmental controls has simply duplicated the poisoning that US went through in the 40s-60s.

If globalization continues to build a manufacturing bas elsewhere and our environmental technology is required in the buildout both nations will prosper.

Products will still be relatively cheap as a result of cheap labor pools outside of the US.

The US will have high value manufacturing based much more on technology and their higher labor pools will also have security.

When emerging markeys understand and believe that building plants with environmental technology is the cheaper way to grow (much like the cellular technology leapfrogged the wires and poles of the early telecom era tarriffs and restrictive trade policies will not result.

China is just now understanding the ramifications of its huge and uncontrolled buildout in so far as ecological damage.

There is a better way that evolve all inhabitants of this planet.

In the long run it is very healthy to promote globalization but with environmental standards.

To lose our jobs just so the polutuion goes elsewhere is not endgame.

JMHO

Bob