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Old July 14th 04, 11:53 AM
Diverd4777
 
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In article , (Frank White)
writes:

Subject: The Big Parade
From: (Frank White)
Date: 14 Jul 2004 03:09:51 GMT

In article ,
says...

In article ,
(Michael Bryant) writes:


What's up, Burr? Tired of job hunting?

Hey Mike.
There ARE no jobs;
Manufacturing is being trasported to China


snip

Karmic payback story from the Wall Street Journal a few
days ago:

A lot of the firms who've relocated their manufacturing to
China because of low wages are running into major (and
costly! ^_^) problems these days because the Chinese
leaders, not anticipating the sudden economic boom,
didn't build power plants a few years back. The result
now is that brown outs are widespread as the powergrid
is overtaxed and underpowered, and manufacturing firms
have had to either buy generators (a hideously costly
source of power) or shut down operations when the power
goes out. Many firms are seeing their profits shrink
like ice cubes thrown into a hot skillet; and even
though the Commie leaders are now fast tracking the
building of new power plants (ignoring environmental
damage and pollution along the way; China's air is
already some of the most polluted on Earth, and given
that most of the power plants will be burning high
sulphur coal, things will probably get MUCH worse); I
say, even though they're building them as fast as
possible, it won't be until 2006 that things will start
to improve. Meaning all those western firms MAY wind
up regretting their outsourcing...

And the Beijing Olympics should be VERY interesting. ^_^

FW


- But Wait! Theres MORE . . . !

http://finance.messages.yahoo.com/bb...4687857&tid=in
tc&sid=4687857&mid=625724

"We are starting to see it.. The Billions of dollars shipped out of this
country directly affects the buying power within this country. CEO's will
scratch their heads as they fail to meet revenue projections but the failure is
their own doing. If less and less people have money to buy goods and services
at levels they have before then corporations do not need to purchase more and
more computing power to drive their business. A viscious cycle indeed where
only those at the top and those at the top of the Wall Street pecking order
will survive. The writing is on the wall, we are outsourcing all kinds of white
collar work including Wall Street analysis. Soon 5 % of the people will have 95
% of the money (just like Third World Economies). How many
cars/computers/appliances/etc will these 5% buy ? Certainly not enough to
sustain the economy. Yet our elected officials who are in the pockets of the
5%'s tell us that outsourcing is good for the economy. Please don't insult our
intelligence."


I've also heard ( * Thankfully* ) that some overseas software mills get it
wrong,
take too long, are overly process driven
* AND*
People can't understand what the helpdesk is trying to tell them . .

Dan


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