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Quote by Laurent Fabius
For a long time many believed that there would be an automatic adj

For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date. – Laurent Fabius

Other quotes by Laurent Fabius

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China. – Laurent Fabius

Category:
strength
Author
Laurent Fabius
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The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport. – Laurent Fabius

Category:
Technology
Author
Laurent Fabius
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Technology
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For much of this decade, both Congressional and administration budget projections showed a decline in science and technology accounts of between 20 and 30 percent in real dollars. The real impact to date has been far less severe. – Charles Vest

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But by the time I was 40, everything was winding down. It started after the war. On the plus side, there was more more products and technology. But for me the nightlife was winding down, the glamour, the fun. – Cesar Romero

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I dont want technology to take me so far that I dont have to use my brain anymore. Its like GPS taking over and losing your internal compass. Its always got to be tactile, still organic. – Andrew Bird

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