Outsourcing projects offshore is a fad. Like all fads, you are going to have some who adapt it and others who eschew it, and then the fad will eventually fade from popularity.
In this case, the fad of offshore outsourcing does indeed appear to be profitable, on paper, so long as the U.S. Dollar remains wildly over-valued.
But I doubt that the Dollar remains so over-valued when the U.S. is borrowing so much, injecting so much new cash into the global systemm, and running such a high foreign trade deficit.
Now, you can call me names if you want or find clever ways to insult me for being the messenger, but rest assured that none of such antics (if you choose to so engage in them) will have any impact compared to the splash that will be made as companies which have invested in this offshore outsourcing fad will create if the U.S. Dollar doesn't retain its lofty foreign exchange valuations.
Because offshore outsourcing DOESN'T WORK if the U.S. Dollar drops any large amount in foreign exchange value.
That means that investments by big companies in such ventures will turn negative.
So here's your bullet. Go ahead and shoot the messenger for telling you the facts.
Awkward. Replace with none of these.
I stand ready to proofread again. :o)
Awkward. Replace with none of these.
I stand ready to proofread again. :o)
Well, JohnRob can hire me to fix this problem, should he be so inclined. :o)