The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: rayok who wrote (65458)	7/7/2006 10:08:55 AM
From: mishedlo	Read Replies (1) of 110194

Will there ever be wage parity? Will Indian/Chinese wages increase, or do American wages decrease, or some combination? Will Indian/chinese wage inflation, counter U.S. wage deflation? Will increased Indian/Chinese purchasing power cause increased demand for some type of U.S production, possibly leading to U.S. price inflation, because America finds it easier to complain, and print lots of paper promises, rather than produce? I wish to hear more of your simple reasons. Left to its own devices time would indeed cause wages here to fall and wages there to rise. It is possible thatthings happen sooner by agreement, at least for manufacturing. Richard Duncan proposes such a method in The Dollar Crisis. amazon.com The problem with Time is that it may take a lot of it. I also believe that the US will someday pass the economic torch to China. That too will take a lot of time. It is very difficult to know how this all shakes out but BWII has failed and that is clear. What replaces it and how long that takes is anyone's guess. Mish

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