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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (397629)7/10/2008 9:03:12 PM
From: combjelly  Respond to of 1576347
 
"I like the story about the factory moving to iceland because of cheap energy and forgoing cheap labor to do that.

And that makes my point.

"If i were in china i would be worried if that became a trend."

China has a huge problem if energy costs don't come down. Especially on low-margin goods made from materials they have to import. It wouldn't surprise me if we were exporting cotton to China and importing t-shirts. At some point, it is cheaper to make them in, say, Mississippi...