Please note, Wages in Âmerica are artificially high, much higher than the Global average wages. Wages has to come down if the Âmerican economy wants to compete with the rest of the world. China subsidises it's Manufacturing sector heavily. This is why Chinese hardware
Please note, Wages in Âmerica are artificially high, much higher than the Global average wages. Wages has to come down if the Âmerican economy wants to compete with the rest of the world. China subsidises it's Manufacturing sector heavily. This is why Chinese hardware
--- In FairfieldLife@yahoogroups.com, Jason Spock [EMAIL PROTECTED]
wrote:
Something fishy is happening in China. Many experts say it
is just not economicaly possible to produce goods at such low
prices.!!
Yeah, they said that about the French, too, when they
released a car called the
--- In FairfieldLife@yahoogroups.com, Peter [EMAIL PROTECTED]
wrote:
As we switch to a global economy, the localized
pockets of high wages/high cost of living and low
wages/low cost of living will normalize towards a mean
that reflects true costs and appropriate wages. There
definately are
