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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (274644)9/10/2010 11:05:06 AM
From: ValueproRead Replies (3) of 306849
 
Geez, you'd think that there must have been some sudden conspiracy in recent years propelling businesses to find cheaper means of producing goods and services - those evil bastards!

I mean, why would anyone want to open a gold mine in Latin America when there is still plenty of gold to be taken out of the ground in the U.S.? And, why important an engine part just because it's cheaper? For that matter, why would anyone who cares about keeping jobs in this country buy any imported good?

My point is, closing a factory and sending those jobs overseas is not the larger part of the problem. The problem is - if you want to call it a problem - money is attracted to a vacuum. It always seeks out the highest return, and in this regard, all individual consumers behave in just the same way as organized business. You can't just fault "the rich."

If you want to trash business for sending jobs overseas, first take a look at what your spending your money on. Drive a Prius, maybe?

VP in AZ
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