Easy, I did do it with a simple comparison of China and the US (go to the CIA World Factbook and look up the median salary of both, multiply it by the working population (all listed for you) and average the two sums togather, then figure out what the difference is)
The results is that China's salaries rise 2.3 times while US salaries collapse by 70%.
The results is that China's salaries rise 2.3 times while US salaries collapse by 70%.
Maybe you could do this again with the US and Mexico? Then show us how much our incomes have dropped since NAFTA. Should be easy for an MBA student.
With 8% inflation and the rest of the economic mess that is now Brazil, he's going to be pretty disappointed with that whole equalizing thing.
How long have we been trading with the Chinese and other third worlders? In that time, our median income and standard of living have done nothing but increase. Just how long is it going to take for our salaries to collapse? Our salaries must be on one slow assed boat to China. LOL