Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ajtj99 who wrote (94098)	2/11/2009 4:33:27 PM
From: ggersh	Read Replies (1) of 116555

Sorry, outsourcing in itself wasn't a major part as I stated. But I do believe outsourcing, wage arbitrage goes hand in hand, with people not being able to afford there houses. and thats where fannie and freddie come in. which then leads us to wall st. Affordability of all those Mcmansions is a problem, and decent paying jobs are what is needed most of all.

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