Latin American Labor

Discussion in 'Economics' started by libertad, Nov 3, 2005.


    Although US policies are not popular....the very sad truth is that to add thousands of $3000 per year perhaps better than having none...and perhaps an incubator of better things to come....?

    Very interesting commentary by Greenspan in his final speech about the shifting of Eastern Block well as Chinese labor into the mainstream...

    It will be very interesting to see what can happen in the Latin American countries......and if it is possible to have true improvement...
  2. yeah, interesting. destroys the ability of wage earners in developed countries from keeping pace with inflation.
  3. Actually, wage price decreases = deflation.

    (destruction of wealth & concentration in only those who have the highest amount)
  4. Are things better in Argentina now compared to year 2001? I read very little news about Argentina in the USA media, know little about the situation.