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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 455.37+3.1%Feb 6 4:00 PM EST
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To: bart13 who wrote (99178)3/16/2013 12:12:41 AM
From: Maurice Winn1 Recommendation  Read Replies (3) of 220075
 
China's pay rates have zoomed for decades. That's 1.3 billion people. The whole of the USA is only the second significant figure. South Korea, Hong Kong, Singapore, Taiwan pay rates have zoomed too. Japan's too from 40 years ago. India is doing better. Eastern Europe is probably a lot better off too [especially east Germany]. <As far as global average pay rates, I doubt they're anywhere near 20-40x since 1973. >

Mqurice
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