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Mikhail Liebenstein

Are Companies Quitting The Us?

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I've been browsing for info on various IT suppliers (SGI - total meltdown), HP (morale low), Sun (confusion and concern over the Oracle takeover and IBM (steady results , but seem to be starting a unionisation backlash).

An interesting site is this one www.allianceibm.org

One of the comments sections, I found this: http://www.endicottalliance.org/visitorcomments.php

Comment 08/18/09: Yes, I am one of those "tin foil hat" people who listens to Alex Jones (infowars.com) and Steve Quayle. But I am seeing so many posts asking why the work is going overseas - even if it is cheaper - when the job isn't being done properly over there and contracts and clients are getting upset. Well, what if Jones and Quayle are right and the USA is about to be destroyed financially? Companies like IBM want the infrastructure moved out the country as quickly as possible, and will worry about getting competent people later. Just remember that the $27 Trillion that cannot be accounted for in the "stimulus" packages of the past year was the final harvesting of this country. Many people think that things are about to get scary. -Anonymous-

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So there's a $27tr stimulus?

Perhaps a missing decimal point, but who knows. But it is interesting to read that board as it seems to say IBM is moving lots of jobs out of the US.

I guess that is offshoring but the comments seem to indicate that many functions are being globalised and the US workforce massively reduced.

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Perhaps a missing decimal point, but who knows. But it is interesting to read that board as it seems to say IBM is moving lots of jobs out of the US.

I guess that is offshoring but the comments seem to indicate that many functions are being globalised and the US workforce massively reduced.

That was my first thought, but I didn't know if infowars had been putting out some of it's own figures.

So all of these offshored jobs will be replaced by the knowledge based economy then..

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That was my first thought, but I didn't know if infowars had been putting out some of it's own figures.

So all of these offshored jobs will be replaced by the knowledge based economy then..

Yes indeed because companies like IBM only really make weighing machines and punch card readers. The US knowledge economy will emerge supreme by inventing things called computers.

Oh sorry, that was my prediction from 1929.

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That was my first thought, but I didn't know if infowars had been putting out some of it's own figures.

So all of these offshored jobs will be replaced by the knowledge based economy then..

We could always sell each other houses? :unsure:

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If you read IBM's fiancial reports you would know that there businesses in Asia, Emerging markets are growing and the US shrinking. They are just putting recruiting the people where they need them and that is not in the US at moment.

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