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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: GraceZ who wrote (12630)8/19/2003 1:52:58 PM
From: bentwayRead Replies (1) of 306849
 
I'm not complaining about American decline, merely noting it. I suggest you read the book "Colossus", which is the history of corporations, and their impact on Americans. Corporations will seek the cheapest labor capable of doing any needed job. Now, and in the forseeable future, that labor is overseas. As the jobs move overseas, middle classes will arise there. Consumer consumption, currently keeping our economy alive, comes from middle class purchasing. I think it's provincial to assume only Americans can innovate and invent, and this will be our salvation.
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