[quote=JWM in SD]”wouldn’t this look entirely different than if I polled 100 companies that were focused in say sw or services business or electronic media which doesn’t have nearly as much of these raw goods costs and predominantly derive it’s business overseas?”
At any given point in time? sure. The question to ask is what is driving the demand for that software work? What foreign demand is that? Asia/China? Give it some time.[/quote]
Short term? A mixture of domestic and asia demand. Longer term? Latin america and other emerging markets trying to crack into the “low cost” solutions.
I don’t think we’re in disagreement here. I never said the fed policies are sustainable nor did I say anyone is going to be permanently immuned. It’s a short term “patch” for a frickin crater. But, that short term patch does seem to do a dandy job inflating another bubble, doesn’t it?
Someone did say at this point in time, “everyone” is suffering right now and “everyone” is hurting in this economy. I would dispute that. The shit has not hit the fan (yet)….
