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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: LoneClone who wrote (82574)4/5/2007 7:33:42 PM
From: Sweet Ol  Read Replies (1) of 206323
 
I have heard mainstream economists lately arguing that there will be almost no manufacturing jobs left in Canada or the US by 2020.

Three factors will have a big influences on this in the future.

1. The US government is devaluing the $, making imports more expensive and exports more competitive.

2. The living standard is improving in China and other 3rd world manufacturing nations and this will increase their costs.

3. As energy become more expensive the costs of transportation will go way up, thereby giving the advantage to those who are close to market and/or close to raw materials.

This will all take time, but the trend is already showing.

Best to all,

JRH
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