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

To: skinowski who wrote (88298)11/1/2007 1:57:53 PM
From: anachronist  Read Replies (2) | Respond to of 110194
 
China's comparative advantage is not just limited to low wages and large labor pool. China is now enjoying increasing economies of scale. Not just the scale of their individual factories and firms, but the scale of their entire industry. Having so many manufacturers in one location doing different things leads to increased efficiency.



To: skinowski who wrote (88298)11/1/2007 3:30:16 PM
From: GST  Read Replies (1) | Respond to of 110194
 
In deflation, the dollar in your pocket would buy more today than it did yesterday -- and it would buy more tomorrow than it will today -- i.e. you would see prices in dollars going down, down, down.


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