>Jim,
>
>A few weeks ago I saw a TV show where this kind of problem (jobs moving to outside the US - seeking for low cost employees - mainly to Mexico and far east) was targeted by Michael Moore (please see Downsize This!). I don't know what folks in the north emisphere think about him, but what I saw touched me. This very same problem was addressed in the last week's issue of the VEJA magazine in Brazil (they're talking about what's going on Japan!).
>
>It seems to be a problem that is spreading very fast in the rich economies.
>
>I wonder what will happen when those big corporations will have not enough customers to buy their products made elsewhere by poor employees, to justify their existence.
>
>Regards,
>
>Fernando

Fernando;

To venture a guess I would say there will some day soon be two classes of people. Workers and executives. All workers will work for a bowl of rice. Executives will attempt to get the most out of an employee before they die while paying less and less. Remove rice from bowl one grain at a time. Those employees that survive – that is fine – those that do not will make room for the unemployed.

The problem is that the executives do not understand if there are no consumers there will be no profits, no reason to be in business, no need for employees and no need for executives. What a great system!

When this occurs it will be time to embrace a new economic model or at least go back to one that has all ready been tried. :)

Tom