But I have always wondered why the 3rd world doesn't get lost in the shuffle because more and more most stuff is made by robots - not all that hand labor they used to be able to supply at a super low price. Then it doesn't much matter which country it is made in - the robots can work anywhere. Its the cost of energy and what is the shipping costs of the raw material and the end product that start to factor in more.
There may be another wave comming behind this one too. But we may not make it through to the next wave. I think we are about to see a wordwide breakdown of "as we have know it". - depression. How that plays out can vary. The most important thing for survival is first and formost - have no personal dept and have some savings to get you through. Many people live over the edge - not just near it - ie loose one or two paychecks and they are bankrupt. Read http://www.prudentbear.com for some charts and insights about the economic numbers. Norman On Fri, 25 Jul 2003, Post, Mark K wrote: > Try more along the lines of a 80-90% pay cut, if you want to compete with > the salaries that are being paid in India. This is the next wave of > globalization, and will eventually lead to something of a leveling of living > standards across the world. The US (and other "first world" countries) has > had it good up until now, but I don't think there's anyway it can continue > indefinitely. > > > Mark Post > > -----Original Message----- > From: Ken Dreger [mailto:[EMAIL PROTECTED] > Sent: Friday, July 25, 2003 11:40 AM > To: [EMAIL PROTECTED] > Subject: Re: IBM and 600 jobs > > -snip- > I know lots of laid off IT people who would love taking a job with IBM even > at a 50% pay cut just to keep the jobs here in the USA! > -snip- >
