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Politics : Formerly About Advanced Micro Devices
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To: michael97123 who wrote (397629)7/10/2008 9:03:12 PM
From: combjelly   of 1576094
 
"I like the story about the factory moving to iceland because of cheap energy and forgoing cheap labor to do that.

And that makes my point.

"If i were in china i would be worried if that became a trend."

China has a huge problem if energy costs don't come down. Especially on low-margin goods made from materials they have to import. It wouldn't surprise me if we were exporting cotton to China and importing t-shirts. At some point, it is cheaper to make them in, say, Mississippi...
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