Thread: Buck-Up Len
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legion legion is offline
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Buck-Up Len

I have a premonition.

Manufacturing will return to the US. China has expanded the range at which it lets its currency float. It is experiencing rampant inflation...pricing their underclass out of necessities like pork. If workers can't afford food, one of two things has to happen: wages go up or prices come down...and prices coming down doesn't seem likely.

What I'm getting at is that China's current cost advantage in manufacturing is eroding. I think manufacturing will return to the U.S. Unfortunately, with the pro-union laws and Granholm's mess, I don't think Michigan will benefit. Who will? Tennessee, Georgia, the Carolinas, Alabama...you get the idea.
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Old 05-31-2007, 07:20 PM
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