Sustainability of TechMacro opinion:
The tech is here to stay...whats in doubt will we be a purveyor or a satellite of some other comglomerate. Global economy in a mess for the foreseeable future ( > decade or an entire generation). Growth in economies can only be accomplished by squeezing efficiencies out of business processes so that the excess capacity becomes available earning potential for companies or spending potential for Govt's.. Of crse there is alaways income tax, but that dog will only hunt for so long before it dies from exhaustion. Countries like Australia / Canada that have something to sell to the nacent emerging economies of the future may not suffer significant falls in standards of living; but countries like Japan & US have crossed tipping points that are not reversable...The fall of the American Empire begins and the offset is the Rise of the sun in the East... It may yet take 20 / 50 / 100 yrs but the die has been cast. Global wealth is moving east to the billions in India / China etc... Follow the $$...always follow the $$...
Post this as I'm bored waiting till release of Q4 data in March...is excrutiating...
Throw your slings and arrows..post holes in my comments...go ahead I dare ya!
Best regards to all as usual
Mike