Saturday, August 6, 2011
re industrialization news
here's a check list
"Costs of labor and commodities are rising on the Chinese coasts, as workers demand higher pay
. If companies move further inland to poorer areas, they hike their logistics costs."
whast makes this mean "back to amerika "
' In most of the world, the dollar is worth 25 percent less than three years ago, and in China 5 percent less."
what suggests manged currency games are over in emerging production platforms...other then
among the east asian aces
"Shipping costs are increasing because of rising energy costs."
now that has absolute status
but is it enough ?? is it solid ??
what goes up can go back down
hell its the oil business
"Companies fear that in China they’ll lose their intellectual property to spin-off competitors."
clever point
"Some consumers prefer an American-made product. "
put a number on that preference
and maybe it ain't enough even in combo with transport costs
and IP theft
"The U.S. has an abundance of skilled but unemployed workers. "
that only suggests we are headed for lower relative wage rates
been there done that and still the flight continues
"And U.S. wages are stagnant or even falling. "
see above... and.... spit into a strong wind