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Strategies & Market Trends : The coming US dollar crisis

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To: Box-By-The-Riviera™ who wrote (9853)8/4/2008 1:46:10 PM
From: dybdahl  Read Replies (1) of 71456
 
Ok - I live in a country with very high wages where we enjoy exporting low-tech stuff to China, and where most of the people on my street are talking with people from other countries as part of their daily work processes. I live a life where it is cheaper and easier to visit my neighboring country than to go to work, where people go Christmas shopping by plane, where kids are chatting with kids from all over the world as part of their free time hobbies. It's a world where my 15 y.o. nephiew comes back from Nepal with his scout friends, and goes to Sweden on the same day for relaxing, next day comes back to Denmark and starts chatting with his American and Italian friends via the internet. It's a world where SMS has replaced postcards. It's a world where you make business calls with your skis on, and where you cannot buy programmers in India cheaper than a programmer in western countries, if you want the same performance.

I don't see a wage thing in connection with globalization, that wasn't present before globalization.

Here is wikipedia's article on globalization:

en.wikipedia.org
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