[Southack]

"As more jobs are lost to asia, I expect there will be an increase in the number of americans that wont be able to make their payments. We shall see. Anyways, you heard it here first."

Offshore outsourcing to places like Asia is a fad that will abruptly end as soon as the U.S. Dollar devalues a little further.

A devalued Dollar makes it much more expensive to pay those foreign contracts, after all...

[waterstraat]

Offshore outsourcing to places like Asia is a fad that will abruptly end as soon as the U.S. Dollar devalues a little further. A devalued Dollar makes it much more expensive to pay those foreign contracts, after all...

The fad of using asian labor, will last until the cost of paying asians, is equal to that of hiring americans after adding in social security costs, unemployment insurance costs, epa, osha, medical benefits, and actual wages of american workers. When an american is paid exactly what an asian worker is paid, total and net, when conditions are isotonic, then the flow of jobs from america to asia will stop, or even out. Not until then.