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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: elmatador who wrote (71158)2/21/2011 1:26:48 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 218913
 
The USA [and NZ etc] is going to get a double whammy - people in China have to be offered more money to work and the dilution of the dollar is inflationary too.

Contrary to the article, there is no worker shortage in China, there is just a pay shortage. If the employers try offering $50,000 a year instead of $5,000, they could hire the people they need. Heck, at that price, they could hire Americans.

Mqurice
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