Saturday, October 17, 2009

[Avid-L2] Re: OT: Rates?

--- In Avid-L2@yahoogroups.com, guanacaa@... wrote:


<< I guess I see it disproportionately applied within my industry, and I've been seeing it since long before the latest economic crisis. This started back in the 90s or before.>>

It's all part of the global economy. When you compete with the entire world, you rates have to come in line with the the rest of the world. It started in manufacturing, and has moved across other sectors. Unless we increase production of items the rest of the world wants and can't create less expensivley, this trend is just going to continue. These are market forces at work.

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