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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (99182)3/16/2013 12:04:21 AM
From: bart13  Read Replies (2) | Respond to of 220061
 
The Chinese ... work for less money to produce what a westerner buys.

Which actually brings up the global average and has increased the standard of living for hundreds of millions of humans in China, as in it isn't all bad. Average wage has ~8x'ed in 20 years.

Globalization does have some pluses.

"If goods do not cross borders, armies will."
-- Frederic Bastiat