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You don't understand.

Greek wages are too high because Greek people are still refusing to work for next to nothing.

If wages were reduced to Vietnamese levels all would be well.

In an ideal world all workers would be rounded up and put into camps as well. (For their own good.)

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Feb 17th, 2012 at 05:29:09 AM EST
[ Parent ]
If you don't live and work in a Foxconn factory / labor camp your labor isn't globally competitive.

I think that's the logic.

you are the media you consume.

by MillMan (millguy at gmail) on Fri Feb 17th, 2012 at 05:01:57 PM EST
[ Parent ]
By which I mean the model is very much there and in use.

you are the media you consume.

by MillMan (millguy at gmail) on Fri Feb 17th, 2012 at 05:04:18 PM EST
[ Parent ]

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