Are we all in this together?  Well only in the sense that in a
drive-by shooting the killer, victim and gun are all in it together -
just on different ends of it.  Same with our recovery. We're all in
it, but one man's efficiency saving, is another's unemployment.

Eurostat, the European agency which gathers and monitors economic data
across the EU has just released  a study on what it calls
"International Sourcing".

What is "International Sourcing"?  It's the free flow of capital in
its off-shoring jobs and investment guise.  When Capital feels free to
leave a country where the workers cost more than they do in a poorer
one, so do the jobs.  That's Off-shoring.

What I find interesting is that the results of this survey and an
earlier one to which this one is the follow up, speak directly to the
claims that the Free Market and Globalization help us all and that
"We're all in this together".

more: 
http://golemxiv-credo.blogspot.com/2011/03/are-we-really-all-in-this-together.html
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