5th undersea cable cut!

keith smith klsmith2020 at yahoo.com
Thu Feb 7 11:00:36 MST 2008


I guess if you keep up with the exchange rate and make account for it in your contract you will be okay. 

We are in a global economy!

Charles Jones <charles.jones at ciscolearning.org> wrote:        Joshua Zeidner wrote:    
On 2/7/08, keith smith <klsmith2020 at yahoo.com> wrote:
  
        
A weaker dollar is not always a bad thing.  With a weaker dollar our goods
and services are more globally affordable.
    
      
   actually for folks like us a weak dollar is the greatest news we can get.  Weak Dollar = outsourcing no longer financially viable.  Also, all companies commited to platforms and organizations tied into outsourcing, specifically in India : costs++; .  Generally as the dollar weakens, companies will look more and more towards extremely cheap and cost effective platforms = LINUX + OSS.   
  What if companies start wanting to pay contract rates in Euros? :)
 http://www.reuters.com/article/newsOne/idUSN0655798320080206
 
    
  re. cut cables: I don't think that they would do this to effect the
oil trade in the long term.  It seems to be more of a short term
tactical move of some sort, which to me is cause for alarm.
  
  Yes definitely short term, since the cables should all be able to be repaired within a few weeks. What are reasons to cut a countries communication lines?  None of them bode well.
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