Not in the least. But in America as well as a lot of other nations anti-trust laws are at least pretended to be enforced. It doesn't stop all abuse. No legal process does. (Just look at the Patent situation) It does stop the price of ram going from $35-$900 overnight. Hard to argue there is no price fixing there in 1991. As for the US Ram manufacturer they stopped producing computer quality ram for a long time and returned to it once the import tax was brought in. And once the import tax came in RAM dropped by 50% now how did that happen?
Certain nations tend to support price fixing more than others. Look at OPEC which BTW was put together by a bunch of US businessmen and not the governments of the nations involved.
This has been going on since the last US RAM company went bankrupt in 1991 or so. I remember selling computers at the time and 640Kb went from $35 to $900 overnight when the last US RAM company went bankrupt. It took windows coming out before it went down signifigantly. There was a slight drop in ram prices when a US company returned to the market after Bush I added an import tax to RAM. All the RAM companies controlled by one country that is well known for playing games. Is anyone surprised that price fixing was going on?
There is a common trend for people in the age bracket of 40-50 to dump on youth. Claim they will never be as good as them etc.
Articles like this used to be very common back when us generation Xers where in university. Then people got out of Xers seemed to go one of two ways. Rise to the challenge and do well or fail miserably. Most of the articles concentrated on the people who wheren't doing so well.
Don't believe the article. It is based on the false assumption that in 1989 at the end of a boom the statistics should match 2002 in the middle of a recession. Of course Xers are doing worse right now on average. A lot of them lost their jobs and are dragging down the statistics. They will recover and things will return.
Don't be brought down by someone in their 50s who claims they did much better as a child. They good old days wheren't. Yeah sure you walked to school uphill both ways...
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Not in the least. But in America as well as a lot of other nations anti-trust laws are at least pretended to be enforced. It doesn't stop all abuse. No legal process does. (Just look at the Patent situation) It does stop the price of ram going from $35-$900 overnight. Hard to argue there is no price fixing there in 1991. As for the US Ram manufacturer they stopped producing computer quality ram for a long time and returned to it once the import tax was brought in. And once the import tax came in RAM dropped by 50% now how did that happen? Certain nations tend to support price fixing more than others. Look at OPEC which BTW was put together by a bunch of US businessmen and not the governments of the nations involved.
This has been going on since the last US RAM company went bankrupt in 1991 or so. I remember selling computers at the time and 640Kb went from $35 to $900 overnight when the last US RAM company went bankrupt. It took windows coming out before it went down signifigantly. There was a slight drop in ram prices when a US company returned to the market after Bush I added an import tax to RAM. All the RAM companies controlled by one country that is well known for playing games. Is anyone surprised that price fixing was going on?
There is a common trend for people in the age bracket of 40-50 to dump on youth. Claim they will never be as good as them etc. Articles like this used to be very common back when us generation Xers where in university. Then people got out of Xers seemed to go one of two ways. Rise to the challenge and do well or fail miserably. Most of the articles concentrated on the people who wheren't doing so well. Don't believe the article. It is based on the false assumption that in 1989 at the end of a boom the statistics should match 2002 in the middle of a recession. Of course Xers are doing worse right now on average. A lot of them lost their jobs and are dragging down the statistics. They will recover and things will return. Don't be brought down by someone in their 50s who claims they did much better as a child. They good old days wheren't. Yeah sure you walked to school uphill both ways...