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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.26+0.5%4:00 PM EST

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To: Cogito Ergo Sum who wrote (73327)4/19/2011 11:08:14 AM
From: elmatador  Read Replies (1) of 218916
 
Cheap labour won't peak. It will spread more evenly.

As it moves to cheaper labor location, behind, in the countries it moved from, labor got higher -which was the reason why the industries were rolled over- such happened to Japan, Taiwan and S. Korea.

At the highest labor costs locations it labor should go down. Since it priced itself out of the market in EU, US, and Japan.

It will be an equalization by the lower level.

Countries in high labor places, started to cut. Germany Hartz laws were implemented (see Hartz IV below)and Germany got competitive vis a vis its neighbors.

en.wikipedia.org
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