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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST

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To: etchmeister who wrote (14660)4/27/2005 3:36:56 PM
From: Proud_Infidel  Read Replies (1) of 25522
 
Re: cheap labor in mainland China is "backfiring" because their manufacturing technology is relatively wasteful with regards to crude - so indirectly the cheap imports jack up the crude


I have read various accounts of this, and it is entirely logical, especially after seeing how inefficient everything is in the far east.
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