Comments on planetary gears: planning for the future

I think we'll see at least some manufacturing comi...

2008-11-21T22:01:00.000-06:00

I think we'll see at least some manufacturing coming back to our shores at some point. Once the dollar collapses no other countries will want to import to us, so we'll have to build some core products here. It won't be the salad days of labor like it was in the past, but it will keep some people employed and their families fed.

Also, the current economic downturn is

go to college to learn how to learn and go to tra...

2008-11-21T19:40:00.000-06:00

go to college to learn how to learn and go to trade school to get a job, that's why chef school is now 40k, yellow collar is the new blue collar
manufacturing in the US is dead, it would take an infrastructure payment beyond fathoming to bring it back.
i see the US as an international tourist destination like europe, a few things made there but mainly a entertainment exporter.

You covered a lot of ground in this post. I'm not ...

2008-11-21T08:20:00.000-06:00

You covered a lot of ground in this post. I'm not sure if I should think about oil prices, deflation, the US auto industry, or career choices. I'll work on all of them although I have very little power to affect them, except the last.

Deflation is what scares the crap out of me... it'...

2008-11-20T21:37:00.000-06:00

Deflation is what scares the crap out of me... it's like a vicious cycle that's harder than hell to break out of without some sort of external factor like a major war.

I have done OK positioning myself for an inflationary or hyperinflationary cycle... deflation not so much... like 99% of the people out there in America.

Almost everyone in this country relies on the

Jim, you probably could have been an excellent eng...

2008-11-20T14:04:00.000-06:00

Jim, you probably could have been an excellent engineer. Possibly, GM would have avoided the mess they're in if you had found employment there.
I guess I'm just glad gas is cheap.

Marc