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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: roguedolphin who wrote (79734)	6/2/2008 10:56:22 PM
From: John McCarthy	Read Replies (1) \| Respond to of 116555

I thought: (a) Revenue is MAXED when MC = MR (a1) Producers seek MAXED Revenue. (b) We - the political body - let the cat out of the bag with NAFTA, etc. consequence: producers have sought out the lowest MC locations and workers in the world. (c) and thus ... the last 100 years of (USA) labor gains are ancient history. (which btw shows me that the 'Road to Freedom' model does not work in a global environment - unless there is only 1 government - perhaps) (d) sidebar: any employee handbook from today's world would give you a sense of this .... I call it 4th person writing .... it is brutal in its tone. When does this end - with respect to the USA? When clothes mfg -- comes back --- to the USA - thats the nadir of it. And it will come back ... all things being equal. Shockingly, there has been no political intervention with respect to this shift in the last 20 years. And I think this is because the DEBT SHIFT has sort of blanketed the labor wage problem and the dramatic shift in income wealth. But I don't really know. regards, John