Smartass_Asian

Trouble Ahead for Indian Outsourcing

IBM and Accenture will kill the so-called "economical" service providers of the East.
Imagine a rookie who's being paid INR 6000 (USD 125) monthly keeping up with (relatively) better skilled and better paid experienced professionals at IBM and Accenture.Believe it or not an indian services provider is now recruiting fresh graduates at the aforementioned salaries and economy being what it is and the typical indian graduate being who he/she is, this is going to work.

For long Indian outsourcing companies have played the "numbers" game.The era is nigh when such practices will bite the dust as will those who smirk in espousing them.As IT budgets around the world deflate and business /IT managers grow more attuned to value versus billable rates, the likes of I and W will soon be left with idle armies of hugely underpaid and grossly under-skilled and demotivated young skill force.

Infosys Hitting a Wall

It's downhill for Infosys going forward. Murthy and other idiots in the senior management with their sanctimonious holier-than-thou attiutdes will have to eat their hats.

The Bubble of Uncertainty Is About to Burst

Guys,

I'm impressed by the amount of "knowledge" and "wisdom" floating around here.
Irrespective of your trading/investing strategy, please keep in mind that eventually the US will go the way of erstwhile USSR.It may take longer and it may not be as apparent but you'll get there.

So, please contribute your hard-earned dollars towards creating capital for companies that will keep on outsourcing jobs to Asia and Eastern Europe.You may not have a salary but what the heck, you'd be sitting atop a pile of capital gains.

Bearishness at 20 Year High: Big Bounce in the Waiting?

Bleat all you want.The market and economy aren't going to follow your diktats.

While everyone's doing their share of predictions , here's mine too:

1. You will lose your job.
2. You will lose your house.
3. You will lose your retirement savings
4. Your government and your kids will do you in completely.

Oops.....Some of these seem to have come true already.