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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: bart13 who wrote (75885)12/17/2006 5:15:46 PM
From: GST  Read Replies (2) of 110194
 
Are you aware of what has happened to incomes in Chindia? Fifteen years ago a CEO type in China would be lucky to make 10K. A friend of mine just took a job at a university -- an entry level position -- for 75k. Perhaps you need to look around a little more carefully before pulling out all your hair in search of the obvious. And what is obvious is that incomes are skyrocketing, only not in the US.
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