[TheForge] RE: Tool Steel

[Andrew Vida]

Jerry Smith wrote:
> With all of these talks about global economic and the
> steel industry, I still have 8,000 pounds of tool
> steel sitting in a warehouse 100 miles away from me.
> That is what I can relate to, what Mittal and other
> International companies are doing is outside of my day
> to day activites.

	Is that really so?  One of the great nemeses of business is the "hidden 
cost".  Similarly, one of the big ones for John Q. Public are "hidden 
effects".  I wouldn't be too quick to declare that given activities 
don't affect you.  You just may not be able to readily ID them.