Tech's future going global
There is a bright future for those companies who will be able to provide increasingly needed technology to a developing world.
- bwilliams's blog
- Login or register to post comments
There is a bright future for those companies who will be able to provide increasingly needed technology to a developing world.
Tech Support
I was just playing Flatout 2 (great game, especially online) with some dude. Turns out he is from India. First thing I asked him was if he did tech support, almost jokingly, but he still answered "yes." It's funny too that he has the same last name as JP Morgan's tech guy (Khan), as mentioned in the article.
It got me thinking. The only reason anything tech is experiencing a slowdown is because SO MANY people have not been "connected" to the net yet. This random Indian guy has a tech support job so he ends up playing games on the internet and surely surfing the internet, ultimately clicking on ads. The tech industry is the ONLY industry that has MEGA GROWTH built into it. Is Google's stock at half price? A third?
As Kahn from the article says, "The big question is whether global economic growth can be sustained if the U.S. slows down."
Even if international growth hiccups, you should just consider it a tech stock buying oppurtunity.
Also, he mentions Baidu as a good stock and many people have before, and they were right then. But all I remember Baidu for is their cooperation with the Chinese government, which is like cooperating with Hitler. Baidu may get a temporary boost every now and then, but something will crash them. Maybe the Olympics. I could never invest in that shit.