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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (21742)	12/4/1998 10:13:00 AM
From: Lee	Read Replies (2) \| Respond to of 50167

Hi Coug,..Re:.It is a two-edged sword in the long run.. it produces low cost goods on one side,, but on the other side,it produces too many goods too fast. If you don't mind, I have a reply to your puzzle. I think that global expansion and contraction are not synchronized events; therefore, when one economy is expanding, another is contracting so there is some sort of rolling equilibrium. Also, rotation occurs domestically as well. When the oil industry is laying people off, some tech service industry is having difficulty finding qualified help. So the whole process evens out over time and differing business segments. Message 6682455 Message 6683339 Regards, Lee

To: coug who wrote (21742)	12/4/1998 10:15:00 AM
From: IQBAL LATIF	Read Replies (4) \| Respond to of 50167

Coug-- I will respond to your very interesting question later, I will like to make that whenever in human history productivity is made on back of new technology the growth potential released has long term potential benefits, example wheel, harnessing of horse, wind power, steam power, electric power and nuclear power now does chip power has equal potential, the jury is still out... the way world GDP and global trade has taken off in an unprecedented manner I would say this is an unique experience and we are at a new threshold of a great source of neural power..