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Strategies & Market Trends : Greater China Stocks
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To: Jurgis Bekepuris who wrote (7459)3/26/2011 9:53:07 PM
From: peter michaelson  Read Replies (1) of 8334
 
OT - something i've been thinking about lately:

"So even without a bubble the price to build a house using local labor is very high"

Note that the US promotes free trade, but only of goods and services, not of labor. Immigration restrictions produce huge economic imbalances. Imagine how different things would be if labor could be traded as freely as goods. Not saying better, necessarily, just different.

Just something to ponder - immigration control is a huge trade barrier.
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