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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST
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To: Snowshoe who wrote (85834)1/13/2012 8:22:02 AM
From: KyrosL  Read Replies (2) of 218135
 
"A union agreement in 2010 to cut hourly starting salaries to $13 and to increase efficiency helped bring back work to the U.S. from China and Mexico."

There is a lot more of this coming. All kinds of costs are coming down in the US while rising in Asia and Latin America. In Florida, where I have first hand knowledge, overall living costs are below where they were three years ago, primarily because of the dramatic fall in housing costs.
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