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


To: louel who wrote (133472)5/1/2017 3:38:51 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 217588
 
But it's easy to understand why all the employed and unemployed, lunch-box people as you call them, voted for Trump. Trump promised to bring back their Union manufacturing jobs which are increasingly being done by robots around the world, the geographic location not being terribly important.

I don't see trying to compete with a robot as being a viable long-term strategy. The few lunch-box folks who retain their jobs because of their advanced technical training will be better off, but 95% of them have to find something else to do. Coal, hog raising? I just don't see that as the future.

This is why the Chinese government is so uneasy with Taiwan-based Hon-Hai Trading, better known as Foxconn the company which makes essentially all computers and phones. Foxconn owns none of the Chinese factories and infrastructure, the municipalities do.

As Foxconn replaces peasants with robots they employ fewer and fewer people and being close to the customer in a place with good infrastructure like California becomes more important than the "benefits" of an industrializing country. Robots which can be easily moved without obtaining foreign worker visas.

Virtually all of the innovative LED manufacturers are located in the United States with most in California, and lower end fabs in Taiwan, which exports the LED chips sans knowledge to China for assembly.

The world is in flux, best to be nimble.



To: louel who wrote (133472)5/7/2017 4:55:52 PM
From: John Vosilla  Read Replies (1) | Respond to of 217588
 
Sure there are always opportunities. World is in flux things seem to always be changing at a faster clip than even two decades ago. Been reading near half of the jobs today won't exist by the end of next decade. Financial engineering on steroids, technology and globalization so different opportunities to serve market niches build wealth and cash flow than the low cost more stable world from the end of the great depression till the mid 1990's. Or if you live in a Vancouver or San Francisco versus mid sized town in middle America far different opportunities but they do exist.

I too hate those who play the victim, expect a handout, play the blame game.. Everyone should run their own business once in their life have some skin in the game. Is sad seeing so many who came of age post great recession especially young men keeping the labor force participation rate so low due to substance abuse, disfunctional families and lack of any work ethic or positive role models in their lives.