> Simon wrote: > "3rd World workers, seeing the relative wealth they lack and the path to > get it (free trade!), get hungry and try to grab the brass ring"? I'm > sorry Gruss - but that really is just plain dumb. When you're from the > third world, pretty much everything else IS a brass ring... and hell > yeah, you're going to go for it... whether the path makes sense or not. > It's called survival.... lots of people in the third world go through it > on a daily basis. >
Huh. Well maybe it is dumb, but it seems to me that wealth is created and gained by those most hungry for it - and that's ALWAYS at the expense of others. Here's what Ratan Tata said when, with $12 Billion, he outbid Benjamin Steinbruch of CSN for Anglo-Dutch steel giant Corus Group: "This is the first step in showing that Indian industry can step outside its shores into an international market place as a global player." It was a HUGE risk and dropped share prices for Tata by 11%. And then, 4 days ago, there was this: Tata Steel's stock has doubled this year to a record today on expectations gains in prices will help the producer overcome higher raw-material costs. Prices may climb further as markets outside of China and the U.S. will be in deficit, Credit Suisse said in a report on Oct. 22. A smart investor might be placing a lot of money in "emerging markets". But, as you say, maybe that's dumb. Only our retirement accounts will know :) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Get involved in the latest ColdFusion discussions, product development sharing, and articles on the Adobe Labs wiki. http://labs/adobe.com/wiki/index.php/ColdFusion_8 Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:245490 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
