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Are you seeing signs of a recovery?

M_B

I just wanted to get the views of you, the people we deal with.

 

From my point of view things are very different to how they were in 2008. I don't even work for the same company, but I can tell the UK electronic components industry has taken a fair hammering. Anecdotes from my colleagues now talk of how very large orders were commonplace, the likes of which we rarely see now.

 

The distributors seem to be doing OK, some better than others, but is that because manufacturers have stopped buying direct (because they can't) and turned to distis instead?

 

Or am I just being pessimistic?

 

Will we stay like this for a while? Will we stay like this forever? Are some of the trends (e.g. moving production to the Far East) irreversible? Is the market just adjusting itself for good?

 

As an economist, I find this all quite interesting, though I would rather watch a speedy recovery.

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    Very slowly....

     

    It seems that as the world's leaders may figure out that taxing the small businesses (especially the ones where original thinking takes place),

    only delays people getting back to work.

     

    Outsourcing has led to sending the majority of a company's gross income abroad, so the fat cats at the top can collect a smidgen more profit.

    Of course, the locals can no longer afford that company's products because they have no work.  And in most cases, the products are above the means of the foreign (cheap) labor, so they don't buy it either.

     

    Can you say lose-lose situation?

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  • 0

    Very slowly....

     

    It seems that as the world's leaders may figure out that taxing the small businesses (especially the ones where original thinking takes place),

    only delays people getting back to work.

     

    Outsourcing has led to sending the majority of a company's gross income abroad, so the fat cats at the top can collect a smidgen more profit.

    Of course, the locals can no longer afford that company's products because they have no work.  And in most cases, the products are above the means of the foreign (cheap) labor, so they don't buy it either.

     

    Can you say lose-lose situation?

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