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Strategies & Market Trends : Asia Forum
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To: Thomas M. who wrote (9387)10/6/1999 3:05:00 PM
From: shadowman  Read Replies (1) of 9980
 
Thanks Thomas, I found the article very interesting. I find little to argue with as far as Faber's macro historical view. The historical economic data is food for thought. I'm sure there are some who don't want to hear about inequities in wealth distribution and the possibility that actually paying unskilled workers in developing and developed countries a wage high enough to allow them to consume the goods that they might produce could actually be an economic positive rather than a burden to those that have to pay it....I know somebody will say that the consumers of these goods will ultimately have to pay the increased cost of goods....yawn :)
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