Quote:
|
Originally Posted by Webby
Only way is up. The degree of growth in "outsourcing countries" is far more than the "west". As they expand, standard of living increases along with currency values.
Western countries are already stagnant in the economic sense by comparision.
|
That's true of China and India but not true of economies at the lower end of the economic specturm in Asia.... Vietnam, Laos, Cambodia, Philippines, etc.
You should talk to the guy named "The Truth Hurts" he is convinced globalization is bad... I guess he'd think differently if he worked in a US telecom equipment manufacturing plant shipping out the good stuff to China/India.
