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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (20722)10/27/2004 11:56:42 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 110194
 
put China wage issues into perspective

if all US white collar jobs outside the financial sector were reduced to minimum wage .....

then China would still have a labor cost advantage over USA

their price inflation causes problems in the USA

implications with exported finished products
with commodity demand
with changes after they revalue the yuan currency higher

/ jim