Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (67378)	8/13/2005 12:51:35 PM
From: shades	Read Replies (1) of 74559

Ok Bhagwati said he wrote his book specifically to address people like you that are calling for protectionism and an end to globalism, he said you are smart people and have valid questions that need to be addressed - so what do you think after his speech? This was a repeat, I watched this live back in february. He said even with higher order jobs going overseas - things do not have to go down here - wages are rising and people are wanting better labor conditions - now bubba fred already posted a link about chinese workers sitting on the fence waiting for better wages and better working conditions before they get off thier butts - so the global wage train to the bottom is not endless - there is only so much labor after all. What did you specifically like or hate about what he said? Maybe we can find a copy of the book online.

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