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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bentway who wrote (15394)12/10/2003 10:45:19 AM
From: TradeliteRead Replies (1) of 306849
 
<<I'm beginning to see globalization as a great economic levelling>>

Sort of agree with you about "leveling" things out, but maybe in a different context. Seems to me that once China and other countries become more highly developed, prices for foreign goods and labor are going to inflate and look more like ours.

Then maybe the U.S. can gain back some of the factories and jobs we've been losing.
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