>>>>I will be advising my grand-children to become plumbers, air-conditioning repair people, carpenters, etc. A good tradesman is always going to be find a job. It's going to be a long time (I hope) before all those jobs are out-sourced to India, China, etc.
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>>>Lol my eldest is an airco engineer....not a repair man though.
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>>Will be moving to China... sooner than you think.
>>India is already do radiology readings, building engineering, etc and it's only a matter of time before China takes those over too.
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>We'll see. There is no question India and (more so) China will increasingly be economic powers. But they still have some major systemic issues and still have massive poverty and backwardness, particularly in rural areas. Remember 25 years ago when everyone thought Japan was going to take over the world economically? That sure didn't happen.

There are important differences...
Japan's ecomony was based on falsehoods that got exposed.
China has FULL CONTROL of its work force.
Just this week the Chinese leader proclaimed that the rural areas had both suffered incongruously and not benefitted appropriately from current economic practises there and correcting this was now a priority.

In other words, there's no parallel with Japan and China does have a plan. And it's my bet that their plan includes displacing India's outsourcing footholds as soon as they can.