Quote:
Originally Posted by Undertoad
For Bruce,... Walmart prices will start to edge up and pressure the chain's approach over the next decade or two. Either that OR, worldwide pressure will create new labor markets in Africa and central Asia, increasing industrialization there and ending scarcity and leading to a more peaceful world. Chinese laborers move to the next sector up and start building cars; Somalian laborers create the cheap Walmart crap; everyone is more connected, more productive...
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At our expense. They move up while we move down to meet them. That's just fucking ducky.
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The descent of man ~ Nixon, Friedman, Reagan, Trump.
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