TraderMark

Blue Coat Systems: More Global Labor Arbitrage

leon its not to win back business ... the business has already been lost and wages have stagnated for a decade

hence we need deflation just so americans (average, not the top 2%) get back to where they were a decade ago

What the "middle" guy in america is now facing is prices far higher than a year ago whereas he has made little progress on wages. Those in blue collar far worse as many have taken new jobs at 30%+ reduction. Many in white collar now learning that situation in past 18 months.

Thats why we need deflation.

A lot of these things are irreversible... the architect in Romania can draw a house plan up for far cheaper than the guy in Orlando. Etc.

Hence we need to adjust but instead we're doing the exact opposite - trying to inflate even further. Thanks for your ocmment.


On Nov 06 01:50 PM leonf675 wrote:

> Generally, I find this article to be very on-the-point, but do you
> really think that deflating the cost of living will allow the US
> workers to compete with people who are used to surviving on $2 a
> day? The difference in the lifestyles cannot be simply addressed
> and explained by the internal cost basis or foreign exchange games
> that the emerging economies engage in. It's going either take a
> major adjustments in terms of the quality of life (from both ends
> and in both directions) or require putting up major trade barriers.
>
>
> You are absolutely right, America has pretty much lost its industrial
> base with the trend originating in the 70's and there isn't much
> we can offer to the Chinese middle class given that they have the
> depth of their own poor, hungry and eager working class to support
> them for as long as needed.
>
> I saw this link in today's posts by Doug Kass (bit.ly/4wZx4d).
>
>
> Could this be a sign of the US government waking up to the reality
> of having to confront China and other emerging economies and a precursor
> of possible trade (or military) muscle flexing? If yes, then what
> would these trade wars mean for de-coupling of the US and Chinese
> economies mean for the dollar and Treasure debt?
>
> Don't get me wrong, - I am against unnatural, anti-competitive things
> like trade barriers, but I just don't see how we are going to be
> able to compete with the rest of the world when it's so flat as you
> describe.
>
> The other alternative is "if you can't beat them, join them" mentality.
>
>
> I think the only hope the US-based working masses have besides hoping
> that the government is going to put up protective barriers is to
> become capitalist owners in the newly emerging world order.
>
> Generally, not to get all Marxist on you, but if we look at the world
> through the prizm of socio-economic classes, then majority of population
> in the developing countries can be viewed as Proletariat with their
> own emergring and strengthening Bourgeoisie while the majority of
> the developed Western world is then be made up of the class of capitalists
> with a very thin layer of service industry workers (since some local
> services cannot be easily outsourced abroad). The way out for
> the displaced and historically overpaid Western workers is to invest
> in the multinationals that moved their jobs oversees and hope their
> ownership interests are adequately protected against riots and takeovers
> by their government and military.

Why I'm Restarting Blue Coat Systems

yes but McAfee was fine - seems company specific to SYMC perhaps. BCIS is always getting beat up due to competitors in either WAN or security.


On Aug 03 09:57 AM Nom De Plum wrote:

> BCSI was down 10% becuase of the negative news out of SYMC. BCSI
> has two businesses WAN optimization and Enterprise Security.