design forum - DesignAddict


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	title of this thread your message I just read a story recently that said many big manufacturers are starting to build two plants--one in China and one in Vietnam. China's wages outside of prison labor are rising sharply--25% per year in some segments this past year. And China's employment level is now high enough that strikes and other labor unrest are appearing. Millions are now relying on cars now, too, and so the high gas prices are really jamming them, too. China's inflationary experience is projected to get worse, because China's horded trillions of dollars are now worth exactly half what they were a year ago on the foreign markets, so all the energy they have to import (and they have to import a lot), plus a ton of food and so forth, will all become sharply more expensive for the Chinese citizens very shortly. Imagine the kind of shock that is going to send through a society and its corporate players. China it self is encouraging certain kinds of outsourcing to avoid being held hostage by their own inflation cramped, unemployed masses. Sound familiar? Increasingly, the cheap MCM knock-offs are going to come from Vietnam. China is already doing what the USA and Japan did before them. They are moving their employment into higher margin jobs. They are emphasizing machine tool design and manufacture and expanding engineering employment in all sectors. This of course spells real pain for the USA and EU techno classes of employment--the last economic segments of any size that can afford to buy anything new and of high quality. Those in the FIRE (finance, insurance and real estate) segment are finding it very difficult to use the remaining balances on their credit cards as they are jumping out of windows, too. Very shortly, the only thing beyond bare necessities most persons will be able to afford are digital experiences. And until the conflict over who gets ALL of the OIL and gas in the Middle East, and who gets control of Central Asia and of valving its resources onto world markets, this game of economic chicken in which the FED, the ECB and the Chinese central bank play the game of seeing which central bank can survive the convergence of the standards of livings of these three still sharply separated regions of the world's economy will persist. And Israel and Russia Venezuela will continue to play each off against they other as they jockey for their long term independences in this very scarey and brutal game of last man standing in the global hegemony game. associated web images (optional) associated web link (optional) your email your password create a forums account \| you forgot your password?