Finally something that might kill outsourcing
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Nishant Sivakumar wrote:
where the monthly payment is in INR and every month I notice that I have to pay an amount in USD that is on the rise every single month
Can you sell the car and cut your losses? -- modified at 0:06 Monday 6th August, 2007
My Blog A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects. - -Lazarus Long
The car is outsourced too :doh:
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1 U.S. dollar = 40.3404736 Indian rupees :eek: A couple of years ago it was as high as 47 rupees, and then it stabilized around 45 rupees. But in the last few months, the Indian rupee has gone up steadily and the US dollar has fallen drastically. Major Indian software companies like Infosys, Wipro, TCS etc. reported a 10% fall in profits in the last quarter (curiously that matched the drop in the dollar value). If this continues in this fashion, outsourcing will lose much of its dollar-rupee-difference based advantage. It's probably not just India that's affected, Canada must be affected too. When Smitha and I lived in Toronto, 1 US$ was about 1.18 Canadian dollar. This morning the ratio was : 1 U.S. dollar = 1.05419956 Canadian dollars I am sure this would affect companies in Canada that sell in USD.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkThere is some article-analysis on this topic on Rediff: http://www.rediff.com/money/2007/jun/19rupee.htm[^]
Vasudevan Deepak Kumar Personal Homepage Tech Gossips
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1 U.S. dollar = 40.3404736 Indian rupees :eek: A couple of years ago it was as high as 47 rupees, and then it stabilized around 45 rupees. But in the last few months, the Indian rupee has gone up steadily and the US dollar has fallen drastically. Major Indian software companies like Infosys, Wipro, TCS etc. reported a 10% fall in profits in the last quarter (curiously that matched the drop in the dollar value). If this continues in this fashion, outsourcing will lose much of its dollar-rupee-difference based advantage. It's probably not just India that's affected, Canada must be affected too. When Smitha and I lived in Toronto, 1 US$ was about 1.18 Canadian dollar. This morning the ratio was : 1 U.S. dollar = 1.05419956 Canadian dollars I am sure this would affect companies in Canada that sell in USD.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkI doub't it... The exchange rates did not stop the UK's biggest and richest exams board making the decision recently to ask it's developers to reapply for their own jobs. The decision was made by someone in HR to outsource future development work to India so money could be saved. At the same time (to my knowledge) at least 2 senior managers were given large redundancy packages. I have a number of indian friends who have all come to the UK to find work and make money, but I don't know anyone who has gone to Mumbia from the UK. I wonder where this is all going to stop. Regards Tim
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1 U.S. dollar = 40.3404736 Indian rupees :eek: A couple of years ago it was as high as 47 rupees, and then it stabilized around 45 rupees. But in the last few months, the Indian rupee has gone up steadily and the US dollar has fallen drastically. Major Indian software companies like Infosys, Wipro, TCS etc. reported a 10% fall in profits in the last quarter (curiously that matched the drop in the dollar value). If this continues in this fashion, outsourcing will lose much of its dollar-rupee-difference based advantage. It's probably not just India that's affected, Canada must be affected too. When Smitha and I lived in Toronto, 1 US$ was about 1.18 Canadian dollar. This morning the ratio was : 1 U.S. dollar = 1.05419956 Canadian dollars I am sure this would affect companies in Canada that sell in USD.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkIt's no news. Dollar is faring worse and worse during the last three years. One Euro is now 1.35 dollars and more. And the Federal Bank doesn't do anything drastic for that, sacrificing buying power and control of the world economy to get some jobs back to US (while on the other hand Germany started worrying because if Euro goes higher than 1.40 the new rise of the German economy might be slowed down). Of course that's a perfect time for non-Americans to buy rpg books and card games (most printed in the States and occasionally Canada) :P. Or give that 5 dollars (paypal translates it to 3.73 euros while in the past it could have been as high as 6) donation to that software guy who wrote that nice freeware etc etc.
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I take it the car loan you are talking about is in India?
Nishant Sivakumar wrote:
Yep, I read that too - that it's artificially stagnated at around 40 rupees to the dollar when it should really have been closer to 35.
I remember in the early 90s it was ~20 to the dollar and the next thing I knew it was ~40. Of course, I must have been ~10 years old, so...
Nishant Sivakumar wrote:
This is bad for Indians living abroad, but personally speaking I am delighted for India
It's also bad for anyone who exports things to the US (including IT companies) but I too am delighted. :) Looks like my stalker is back. :suss:
Cheers, Vıkram.
After all is said and done, much is said and little is done.
It's not delightful a tall for me untill we foolish Indians do not stop buying imported goods. As the money has gone up, people have started expensing more in US and thus the US market is taking hold more and more in Indian people. This is bad for future unless we stop buying like a fool.
Jwalant Soneji (BE IT) Mobile: +91 9969059127 http://jnsoneji.spaces.live.com http://jnsoneji.blogspot.com
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I doub't it... The exchange rates did not stop the UK's biggest and richest exams board making the decision recently to ask it's developers to reapply for their own jobs. The decision was made by someone in HR to outsource future development work to India so money could be saved. At the same time (to my knowledge) at least 2 senior managers were given large redundancy packages. I have a number of indian friends who have all come to the UK to find work and make money, but I don't know anyone who has gone to Mumbia from the UK. I wonder where this is all going to stop. Regards Tim
Sp00kyTheCat wrote:
The exchange rates did not stop the UK's biggest and richest exams board making the decision recently to ask it's developers to reapply for their own jobs.
It wouldn't do. It's the dollar that's hit the floor - the pound is as strong as it ever was.
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1 U.S. dollar = 40.3404736 Indian rupees :eek: A couple of years ago it was as high as 47 rupees, and then it stabilized around 45 rupees. But in the last few months, the Indian rupee has gone up steadily and the US dollar has fallen drastically. Major Indian software companies like Infosys, Wipro, TCS etc. reported a 10% fall in profits in the last quarter (curiously that matched the drop in the dollar value). If this continues in this fashion, outsourcing will lose much of its dollar-rupee-difference based advantage. It's probably not just India that's affected, Canada must be affected too. When Smitha and I lived in Toronto, 1 US$ was about 1.18 Canadian dollar. This morning the ratio was : 1 U.S. dollar = 1.05419956 Canadian dollars I am sure this would affect companies in Canada that sell in USD.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkI worked in the US for 2.5 months last year, ending in July. When I left, the UD$2000 I had in the bank was worth NZ$3200. If I had left it there, instead of getting it out a month later, it would now be worth NZ$2600. When I closed the account the woman at the bank asked me why I was closing the account. I told her it was because Bush had wiped his ass with the economy. As well as the US dollar weakening, the NZ dollar is strengthening because of foreign investment. So our exporters - which is the majority of our businesses - are really feeling the pinch. The crazy thing is how quickly it's happening. If the dollar goes back to where it was, then there are going to be a lot of holes to fill in the NZ export market.
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Been napping? :-D The Rupee has been between 40 and 41 against the dollar for about 6 months now. Word is that it would have risen further, to ~35, but the RBI stepped in lest the IT and export sectors take a total beating.
Cheers, Vıkram.
After all is said and done, much is said and little is done.
Man, Brazil has the same, (outsourcing impact is evident, i work for Brazilian outsourcing companies for long time and really afraid) look this: Just to compare check our USD x BRZ conversion since 2002: 1 USD = 22-10-2002 R$ 3,954 22-10-2003 R$ 2,859 22-10-2004 R$ 2,848 01-08-2005 R$ 2,378 01-08-2006 R$ 2,189 01-08-2007 R$ 1,884
Anderson J. Almeida Systems Analyst SimSysBr
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It's not delightful a tall for me untill we foolish Indians do not stop buying imported goods. As the money has gone up, people have started expensing more in US and thus the US market is taking hold more and more in Indian people. This is bad for future unless we stop buying like a fool.
Jwalant Soneji (BE IT) Mobile: +91 9969059127 http://jnsoneji.spaces.live.com http://jnsoneji.blogspot.com
This is the attitude the justifies Xenophobia. Perhaps it would be a better idea if Americans stopped foolishly outsourcing to India! Buying services from India has no positive effects for the vast majority of Americans. They're annoyed at the so-called tech support call centers. Arrogant and a pointless wastes of time. They're annoyed at the H1b visas, again undercutting the fair wages that would have to be paid to a US citizen. You're endorsing that typical vampire attuded, fosterd by Japan, to sell what they can produce more efficiently - and block out American competition with legislation. Although India is by no means alone in this attitude, there is a foolish aspect to American-Indian trade. That is our allowance of you to run a huge trade surplus against us Perhaps if we stopped all trade - both ways - you'd feel better (?) Right about now, thanks to you, I would.
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This is the attitude the justifies Xenophobia. Perhaps it would be a better idea if Americans stopped foolishly outsourcing to India! Buying services from India has no positive effects for the vast majority of Americans. They're annoyed at the so-called tech support call centers. Arrogant and a pointless wastes of time. They're annoyed at the H1b visas, again undercutting the fair wages that would have to be paid to a US citizen. You're endorsing that typical vampire attuded, fosterd by Japan, to sell what they can produce more efficiently - and block out American competition with legislation. Although India is by no means alone in this attitude, there is a foolish aspect to American-Indian trade. That is our allowance of you to run a huge trade surplus against us Perhaps if we stopped all trade - both ways - you'd feel better (?) Right about now, thanks to you, I would.
Dear Balboos, Perhaps you don't have any idea of what and how much Indians import from US. And well about the call center headaches and how the BPO work is given to India...I am working in a Medical BPO as a software programmer and the guy sharing my seat in the US day shift is good friend of mine. I know that it is not a bad deal for US people to outsource and the Hospital in US has requested it's patients to understand a small thing that: "If we don't outsource, we are not able to provide you with these many services." So, please don't bother about it, outsourcing makes life of US people more easy and comfortable.
Jwalant Soneji (BE IT) Mobile: +91 9969059127 http://jnsoneji.spaces.live.com http://jnsoneji.blogspot.com
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1 U.S. dollar = 40.3404736 Indian rupees :eek: A couple of years ago it was as high as 47 rupees, and then it stabilized around 45 rupees. But in the last few months, the Indian rupee has gone up steadily and the US dollar has fallen drastically. Major Indian software companies like Infosys, Wipro, TCS etc. reported a 10% fall in profits in the last quarter (curiously that matched the drop in the dollar value). If this continues in this fashion, outsourcing will lose much of its dollar-rupee-difference based advantage. It's probably not just India that's affected, Canada must be affected too. When Smitha and I lived in Toronto, 1 US$ was about 1.18 Canadian dollar. This morning the ratio was : 1 U.S. dollar = 1.05419956 Canadian dollars I am sure this would affect companies in Canada that sell in USD.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkWell, I am from Pakistan. Working as a freelancer in US$ from 5 years and as per I remember, $ is ~ 60 PKR (Pak Rupees) all the time. It goes up to 61 and the maximum fall is of 58. So if this is the concern, I think Pakistan is not affected. I am not an economist, but I heard that the fall in exchange rate (like INR) shows the good economy of the country. Well, the point is, when Indian govt. have to pay someone in US$, he has to pay less in INR. That sounds good for the govt. Isn't it? Every effect have two other effects, positive and negative. Lets see if the positive one is more benificial or negative one is worse. Sameers
FREE MSN Auto Responder[^] History Remember Vendors, NOT Developers
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Dear Balboos, Perhaps you don't have any idea of what and how much Indians import from US. And well about the call center headaches and how the BPO work is given to India...I am working in a Medical BPO as a software programmer and the guy sharing my seat in the US day shift is good friend of mine. I know that it is not a bad deal for US people to outsource and the Hospital in US has requested it's patients to understand a small thing that: "If we don't outsource, we are not able to provide you with these many services." So, please don't bother about it, outsourcing makes life of US people more easy and comfortable.
Jwalant Soneji (BE IT) Mobile: +91 9969059127 http://jnsoneji.spaces.live.com http://jnsoneji.blogspot.com
Jwalant Natvarlal Soneji wrote:
Dear Balboos, Perhaps you don't have any idea of what and how much Indians import from US.
So long as there's a trade balance in India's favor, you have nothing to complain about - I DO! And beyond that, the extraordinary scale of the piracy of intellectual property in India is unbelievable - and only under some control now that your government is realizing it will have such property of its own to protect. Until then, it was ignored. Import? Stolen in more like it. And, of course, your lovely manufacture of, and export, of counterfeit drugs. Maybe you should reevaluate just how much is really imported and how much is your own immoral neglect of all conceptions of patents, trademarks, and copyrights.
Jwalant Natvarlal Soneji wrote:
So, please don't bother about it, outsourcing makes life of US people more easy and comfortable.
To put it gently, What a Load of Crap! The only ones benifitting from the outsourcing are the employed Indian citizens, and the wealthy top corporate management pocketing some extra cash. The unemployed US citizens - their life is much easier, since they have no work! That is what you meant by easier, isn't it? That quote from the hospital you supply: Pure elephant dung. The services were supplied before being outsourced. Outsourcing of medical billing, or any other kind, simply adds to local aggrevation and death-wishes for the condesending voice on the other end of the telephone when a call is made questioning the work. You philosophy is typical modern mercantilism. Have no fear - the revolution has begun with the toxic manufacturing from China being the long-awaited wakeup call. When you can no longer dump your counterfeit goods in the United States, and your call centers go silent, you'll start having second thoughts about the exploitation the United States by India that you so strongly favor at this time.
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Well, I am from Pakistan. Working as a freelancer in US$ from 5 years and as per I remember, $ is ~ 60 PKR (Pak Rupees) all the time. It goes up to 61 and the maximum fall is of 58. So if this is the concern, I think Pakistan is not affected. I am not an economist, but I heard that the fall in exchange rate (like INR) shows the good economy of the country. Well, the point is, when Indian govt. have to pay someone in US$, he has to pay less in INR. That sounds good for the govt. Isn't it? Every effect have two other effects, positive and negative. Lets see if the positive one is more benificial or negative one is worse. Sameers
FREE MSN Auto Responder[^] History Remember Vendors, NOT Developers
The problem is that India (or other country who's currency is rising agains US$) finds its goods more difficult to export (to US) and imports more attractive. This will begin to effect the trade balance to be more favorable for US (currently running a deficit almost everywhere). The current classic example: China pegged its currecy to 8 Wan/$ - even when the true rate should have been more like 3:1. They will not allow their currency to float relative to the dollar. THe result is that their labor costs are rediculously low and they export huge amounts to the US. Similarly, they allow in few inports, and those they do are artificially expensive for their citizens. China runs an enormous trade surplus with the US. The primary interests of the economic forces is to get and maintain market share and a postiive trade balance. They wellfare of their citizens - and long-term consequences to the world's economoy have little effect in the way of a driving force for the decisions.
"The difference between genius and stupidity is that genius has its limits." - Albert Einstein
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It's no news. Dollar is faring worse and worse during the last three years. One Euro is now 1.35 dollars and more. And the Federal Bank doesn't do anything drastic for that, sacrificing buying power and control of the world economy to get some jobs back to US (while on the other hand Germany started worrying because if Euro goes higher than 1.40 the new rise of the German economy might be slowed down). Of course that's a perfect time for non-Americans to buy rpg books and card games (most printed in the States and occasionally Canada) :P. Or give that 5 dollars (paypal translates it to 3.73 euros while in the past it could have been as high as 6) donation to that software guy who wrote that nice freeware etc etc.
If one is in NZ, now is the best time to buy almost anything, so long as one can get it from the USA. Even including shipping (which might be up to or more than the cost of the item itself) it is significantly cheaper to get books, and as you say, geeky game supplies, from the US. Other things I've bought recently (sewing and craft tools) in NZ I've bought in online auctions here from people who must be importing from the US because they are a third of the price they are retail here and only slightly more than what they would cost in the USA. None of the prices in NZ have adjusted due to the relatively low US$ so it is even more painful to look at how cheap stuff is over there than it ever was.
"Your typical day is full of moments where you ask for a cup of coffee and someone hands you a bag of nails." - Scott Adams
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If one is in NZ, now is the best time to buy almost anything, so long as one can get it from the USA. Even including shipping (which might be up to or more than the cost of the item itself) it is significantly cheaper to get books, and as you say, geeky game supplies, from the US. Other things I've bought recently (sewing and craft tools) in NZ I've bought in online auctions here from people who must be importing from the US because they are a third of the price they are retail here and only slightly more than what they would cost in the USA. None of the prices in NZ have adjusted due to the relatively low US$ so it is even more painful to look at how cheap stuff is over there than it ever was.
"Your typical day is full of moments where you ask for a cup of coffee and someone hands you a bag of nails." - Scott Adams
It's amazing how slowly retail is responding to the changes in dollar. In Greece, when we were complaining about the prices (ie when dollar was equal to euro, prices were 1.2x suggested retail price dollars - reasonable considering the shipping and customs. But when euro went to 1.2x dollar we started complaining). They were telling "we cannot change the prices all the time, these are circles, euro will fall". One year they started seeing reason at a pressure from online shops, but still it's around 1.1xdollars... (ie 1.1*1.35=1.485 of its original SUGGESTED price, in a country with GDP just a fraction of the US one). But what you're describing for NZ seems even worse (a third of the price?!)
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It's amazing how slowly retail is responding to the changes in dollar. In Greece, when we were complaining about the prices (ie when dollar was equal to euro, prices were 1.2x suggested retail price dollars - reasonable considering the shipping and customs. But when euro went to 1.2x dollar we started complaining). They were telling "we cannot change the prices all the time, these are circles, euro will fall". One year they started seeing reason at a pressure from online shops, but still it's around 1.1xdollars... (ie 1.1*1.35=1.485 of its original SUGGESTED price, in a country with GDP just a fraction of the US one). But what you're describing for NZ seems even worse (a third of the price?!)
well, here are some recent examples I know for sure. Some books I wanted are $75 to buy in NZ, but $48 including shipping from Amazon (shipping about $15-$20). Another thing (a self healing cutting mat of a particular size) is $55 in the US (bank conversion from USD->NZ) and is $125 to buy it here. A rotary cutter to go with the mat is $30 (bank conversion) and $75 here. So between 2 and 3 times if you use the conversion rate. But even 2 years ago I bought a McFarlane model (of The Creech!) - $20 NZD for creech, $30 NZD for the postage - the man in the US I bought it from thought I was crazy to pay more more than the item in postage - but it was $140 to buy it in NZ!! It wasn't even second hand - brand new in a perfect box. Everything is expensive here because we make little and thus have to import it from miles away. I do a lot of craft and sewing things and people in the USA will say, oh, use this, it is only xx dollars. Which seems fine, but it is two, three, in some cases up to five times more expensive here, and the cost is prohibitive. This applies to hardware store type supplies, sewing, quilting, reading, hobbies, whatever. I can only assume food or rent or something is cheaper.
"Your typical day is full of moments where you ask for a cup of coffee and someone hands you a bag of nails." - Scott Adams
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Jwalant Natvarlal Soneji wrote:
Dear Balboos, Perhaps you don't have any idea of what and how much Indians import from US.
So long as there's a trade balance in India's favor, you have nothing to complain about - I DO! And beyond that, the extraordinary scale of the piracy of intellectual property in India is unbelievable - and only under some control now that your government is realizing it will have such property of its own to protect. Until then, it was ignored. Import? Stolen in more like it. And, of course, your lovely manufacture of, and export, of counterfeit drugs. Maybe you should reevaluate just how much is really imported and how much is your own immoral neglect of all conceptions of patents, trademarks, and copyrights.
Jwalant Natvarlal Soneji wrote:
So, please don't bother about it, outsourcing makes life of US people more easy and comfortable.
To put it gently, What a Load of Crap! The only ones benifitting from the outsourcing are the employed Indian citizens, and the wealthy top corporate management pocketing some extra cash. The unemployed US citizens - their life is much easier, since they have no work! That is what you meant by easier, isn't it? That quote from the hospital you supply: Pure elephant dung. The services were supplied before being outsourced. Outsourcing of medical billing, or any other kind, simply adds to local aggrevation and death-wishes for the condesending voice on the other end of the telephone when a call is made questioning the work. You philosophy is typical modern mercantilism. Have no fear - the revolution has begun with the toxic manufacturing from China being the long-awaited wakeup call. When you can no longer dump your counterfeit goods in the United States, and your call centers go silent, you'll start having second thoughts about the exploitation the United States by India that you so strongly favor at this time.
Balboos wrote:
unemployed US citizens
Hey man, this is not fact! X| Well, even if it has gone down in last 5-6 years, thanks to IT, it has not filled up the gap of the huge amount of imports(legal imports) India making from US. It starts from things in day use to electronics appliances and many more. Well if the so called nuclear tie dose get success, Indian government will stop producing nuclear raw material at home and can leagally import from US (which is not good for India, in the sense, this will be eventually used to stop India making r&d in the field of nuclear science and raw materials).
Balboos wrote:
trade balance in India's favor
:omg: Well, I have wrote this because, I have seen this and this is true for our clients in US. They have incresed the number of facilities, starting from appointment scheduliing to billing, insurance followup and many many.
Balboos wrote:
That quote from the hospital you supply: Pure elephant dung.
I have no idea about it:wtf:. But, certainly in providing jobs, IT is not a considerable sector in India, even Tea sector provides 10 times more jobs then IT has given (not talking about salary!;P)
Jwalant Soneji (BE IT) Mobile: +91 9969059127 http://jnsoneji.spaces.live.com http://jnsoneji.blogspot.com
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1 U.S. dollar = 40.3404736 Indian rupees :eek: A couple of years ago it was as high as 47 rupees, and then it stabilized around 45 rupees. But in the last few months, the Indian rupee has gone up steadily and the US dollar has fallen drastically. Major Indian software companies like Infosys, Wipro, TCS etc. reported a 10% fall in profits in the last quarter (curiously that matched the drop in the dollar value). If this continues in this fashion, outsourcing will lose much of its dollar-rupee-difference based advantage. It's probably not just India that's affected, Canada must be affected too. When Smitha and I lived in Toronto, 1 US$ was about 1.18 Canadian dollar. This morning the ratio was : 1 U.S. dollar = 1.05419956 Canadian dollars I am sure this would affect companies in Canada that sell in USD.
Regards, Nish
Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
My latest book : C++/CLI in Action / Amazon.com linkMy first thought about this post was "Sure it is" but after reading some angry posts from typically angry US guy I've noticed that I was right in folowing points: 1. US companies will never move their "wholesale" workforce back to US just because they will not be able to support current workload. Will US find millions of IT specialists? I don't think so. US is outsourcing not only to India, don't forget about it. Eastern Europe, South America, Asia. 2. China will also play the role in that game until they will free their currency as India does some time ago. Some companies startes transferring their outsourcing to China some time ago and amount of jobs is growing there. 3. Even if USD falling and outsourcing salaries are growing - outsourcing will remain profitable. 4. European companies are also dependent on outsourcing and as USD basically falling relatively to EUR - this process will stop once EUR-USD rate will be enough for Bush to keep economy stable. 5. Falling of USD to almost all currencies are clear and perfectly understandable process in economy for keeping it stable - that means that everything in US will became cheeper and more money will came on US market. 6. Most annoying fact for US sitizens that they don't realize enough - is that all these miserable unemployed "IT specialist" are noncompetitive to any IT specialist overseas. That's annoying, it's true, but each developed country have the same problem. 7. And most pleasant part of my post is that USD falling will not let collapse of US economy to happen. Ask your grandparents about 30's and you'll forget these silly thoughts about all this crap. P.S. If you're unemployed native american IT specialist and reading this post - I can say only one thing - you're looser. That is the most unpleasant thing you can ever hear. But I can say so because you're suffer from things your predecessors has invented! Say thanks to US lifestyle. While ago US was a country of slaves, now it's time for US to became a slave of outsourcing.
------------------------------------------------------------ Want to be happy - do what you like!
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Jwalant Natvarlal Soneji wrote:
Dear Balboos, Perhaps you don't have any idea of what and how much Indians import from US.
So long as there's a trade balance in India's favor, you have nothing to complain about - I DO! And beyond that, the extraordinary scale of the piracy of intellectual property in India is unbelievable - and only under some control now that your government is realizing it will have such property of its own to protect. Until then, it was ignored. Import? Stolen in more like it. And, of course, your lovely manufacture of, and export, of counterfeit drugs. Maybe you should reevaluate just how much is really imported and how much is your own immoral neglect of all conceptions of patents, trademarks, and copyrights.
Jwalant Natvarlal Soneji wrote:
So, please don't bother about it, outsourcing makes life of US people more easy and comfortable.
To put it gently, What a Load of Crap! The only ones benifitting from the outsourcing are the employed Indian citizens, and the wealthy top corporate management pocketing some extra cash. The unemployed US citizens - their life is much easier, since they have no work! That is what you meant by easier, isn't it? That quote from the hospital you supply: Pure elephant dung. The services were supplied before being outsourced. Outsourcing of medical billing, or any other kind, simply adds to local aggrevation and death-wishes for the condesending voice on the other end of the telephone when a call is made questioning the work. You philosophy is typical modern mercantilism. Have no fear - the revolution has begun with the toxic manufacturing from China being the long-awaited wakeup call. When you can no longer dump your counterfeit goods in the United States, and your call centers go silent, you'll start having second thoughts about the exploitation the United States by India that you so strongly favor at this time.
:zzz: hey guyz... stop fighting... to each man his own.. all who deserve shall get...
Que saraa saraa.. Whaever will be will be..