So let me try this one on you - tell me what you think: What if this 19th century "wealth effect" was happening today except in the 1st World countries?
Remember the concept: due to abundance of basic needs items (food) there is less incentive to develop advanced methods of production (which is basic supply and demand). What if a significant number of 1st World workers, content with their modern basic needs items (houses, boats, and cars), have decided that they don't need to work so hard? And that their kids don't either because, hey, there are plenty of jobs. In the meantime 3rd World workers, seeing the relative wealth they lack and the path to get it (free trade!), get hungry and try to grab the brass ring. What do you think the effect would be and is this happening? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Check out the new features and enhancements in the latest product release - download the "What's New PDF" now http://download.macromedia.com/pub/labs/coldfusion/cf8_beta_whatsnew_052907.pdf Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:245480 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
