"Even London, which is home to some of the most skilled financial professionals
in the world, could see tens of thousands of support staff relocated"
poor Giò...
btw. The strong Euro means also a lower energy bill for fuel-importing
manifacturing countries, and this is good. However, I don't understand those
analysts who say that the problem in Europe is that firing workers is too difficult
_and_ that there is too little demand. "You have to die for a better life",
yeah...Aside quantity alone (a well paid worker earns as two nickel-and-dimed
and viceversa), people with long term jobs will buy houses, forniture, cars, have
children and care for their education, all sustained long-term demand, while
people in use-'em-young-and-throw-them-away McJobs don't and can't.
I'm also a bit dubious on individual demand-driven growth. One can buy just so
many cars, dresses or home appliances.
unrelated issue, about your "rants" about Africa:
http://www.nytimes.com/2003/05/20/opinion/20KRIS.html
http://www.nytimes.com/2003/05/16/opinion/16KRIS.html
famine and illness are also a matter of culture and gender roles (and on this certain
cultures are worse than others, nonjudgemental multiculturalism be damned)
Marino
posted by scott 5:44 AM