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Registered
Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
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Quote:
Originally posted by tabs
. By the 1960s that started to change Japan and Germany both were becoming major competitors economically. This was the begining of the pressure on the Middle Class, as the USA faces more competition the more of leveling of wages and wealth will take place...eg the Japanese will become wealthier and the US poorer untiul some kind of equilibrium is achieved.
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Are you merely indulging in a moment of well-deserved nostalgia, or are you suggesting free trade is not the answer?
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