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Thread: "Warren Buffett topples Bill Gates as world's richest"

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  1. #1
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    Quote Originally Posted by Prada View Post
    Yeah well China and India have booming and emerging economies so a lot of people are making well.... a lot of money. The only thing is Russias economy is based on natural resources while China's and India's are based on tech, manufacturing, textile and so on.
    yup and the US is based on services

  2. #2
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    Quote Originally Posted by Pooks View Post
    yup and the US is based on services
    Exactly, thats where the future is heading. I think IBM is a perfect example. Intellectual property and assets is the way to go

  3. #3
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    Quote Originally Posted by Prada View Post
    Exactly, thats where the future is heading. I think IBM is a perfect example. Intellectual property and assets is the way to go
    We're pretty much there.. and it should stay like that, until labor in the USA becomes cheaper compared to the developing nations, than logistically it might make more sense to keep industrial jobs here again.

    There is nothing progressive about this (TFG?, thank ****ing god) , its just global free trade at work.. even if it is st***ed a bunch with tariff's still.
    Last edited by Pooks; 03-07-2008 at 05:24 PM.

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