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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Mark Adams who wrote (161001)4/19/2002 3:09:42 PM
From: S. maltophilia  Read Replies (1) of 436258
 
OTOH, the increased productivity of these resource exporting nations may help their currencies vs, the U.S. dollar (maybe, someday<g>), leading to dollar inflation.
And at the same time, more and more meaningful economic activity continues to be outsourced to places where the equivalent of $1/hour is considered a good wage. I look for the U.S. wage structure to implode, at least in "real" terms, if not in nominal dollars.
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