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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (2912)	11/28/2021 11:28:41 AM
From: robert b furman	Read Replies (2) \| Respond to of 10714

HI Sun, I do understand and agree with your view. When I was 16 and building my tool box of tools (which was really handled by my parents on my birthdays and Holidays lol) it was not the Snap on tools, but it was the Craftsman tools. Some have been abused and broken and some lost, but the vast majority of them are still doing the job. Tools have in a relative way gotten a lot cheaper, I understand they are often throw away now. I've worn out many a Dewalt/Ryobi Power drill. Which items are to be heirlooms and which are throw aways often lies in one's interests. I do express my nationalism when I say it is a better thing to know that the items that are branded as "Made In the USA" are more often lifetime possessions because quality and durability through competitive forces have been designed for the better over time. To then take the best design and "Knock it off by copying" and build it with out the research and development via inexpensive labor and sub par materials is just that - a cheaper lesser quality widget. Now if its a tool you use once or twice, it has its place. I think that concept has gone too far. To become a throw away society is not the most efficient use of finite resources. My techs in the shop have tool boxes that have 50 to 80 thousands of Dollars in tools. Not everyone needs that either. I expect the USA, to move more of the high value jobs back home. It is my hope that robotics and 5G - the real iot 5G to give us 24/365 production with 100% yield and quality. As that giant link develops, just cheaper labor plus transportation costs will erode the advantages of going across the world because they have inexpensive labor (which is a thing that diminishes as wealth is achieved in poorer countries). It is a nationalist view, but I think it is a good idea for us to pursue as well. Didn't mean to go political here either. Bob