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Originally Posted by scottybuzz
wtf? did all that come from a late night discussion at the pub? I would consider looking at actual facts and figures rather than flimsy word of mouth knowledge into this sort of thing.
You do realise also that customs unions take hundreds of years to succeed and get the balance right of rich to poor. Previous federations have shown that.
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No, its the simple law of ecconomics. People will gravitate towards the wealth. Once supply outstrips the demand (as in jobs and jobseekers) the ecconomy slows. I did think that this was rather obvious.
Once the wages go down as in the case of more people looking for jobs than there are jobs then there is less spending ... less spent in shops ... less manufacturing ... ect. The job seekers then move on to the next wealthy area.
All basic stuff.