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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (41774)8/8/2009 12:09:12 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 207507
 
I don't like the balance of financial, services, and real economy
here, I don't like the government response to the crisis, which did
not cure the imbalance like I hoped it would.

In addition, unfortunately, the labor arbitrage between developed
and developing world will continue. The only way to stop it is
to make that arbitrage not viable economically. It means developing
countries such as BRIC will keep growing much faster, while salaries
here and in Europe will come down.