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Old 02-07-12, 08:00 PM   #4
the_tyrant
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What I believe will happen is that wages, benefits, etc around the world will be averaged out for most positions

After all, why should I pay someone in Germany 10+ euros to do something I can pay someone in Africa 50 cents to do?

This is how it works now, but it won't be like this for long.

I believe in a certain amount of time, it would cost the same around the world.

AKA, a factory worker gets paid $x an hour in Germany, the same position would be payed the same in the Congo, Brazil, China, etc.

The wage in high wage areas (for example Germany) would have to be reduced, while low wage areas would be improved. Equilibrium would be reached somewhere in the middle.
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