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No it is mainly cheaper because the rest of the world
Posted on: November 10, 2016 at 11:12:28 CT
Rabbit Test MU
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can source from a third world hell hole that has highly educated, low cost workers.
It is a race to the bottom on wages.
We are a pretty minor part of the entire world economy in sheer volume.
The United States is the world's largest national economy in nominal terms and second largest according to purchasing power parity (PPP), representing 22% of nominal global GDP and 17% of gross world product (GWP). The United States' GDP was estimated to be $17.914 trillion as of Q2 2015.
It is a race to the bottom on wages.
We are a pretty minor part of the entire world economy in sheer volume.
The United States is the world's largest national economy in nominal terms and second largest according to purchasing power parity (PPP), representing 22% of nominal global GDP and 17% of gross world product (GWP). The United States' GDP was estimated to be $17.914 trillion as of Q2 2015.
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No it is mainly cheaper because the rest of the world - Rabbit Test MU - 11/10 11:12:28