Thread: Sold American!
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Old 12-14-2017, 04:58 PM   #22
Coley
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Join Date: Oct 2011
Location: Victoria, B.C
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Re: Sold American!

"..The indentured servant will eventually become more savvy and demand higher wages."

Very good point....

I work in engineering and I was in China this past summer and their middle class is booming...particularly anyone who is reasonably educated....such as engineers, tekkies, management, etc.
Its not uncommon for this group to see double digit raises every year due to their economy.
The group that is not getting this advantage is the uneducated 'labor' group...at least not yet, but the push for better wages etc is constant there.
All of this means that their prices go up every year relative to anything that is outsourced there....so the clock is ticking.
So apparently 'paradise found....is also paradise lost' when it comes to cheap labor that eventually brings wealth to those who create it.

Coley
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