(April 5, 2016 at 5:58 am)Brian37 Wrote: No we are not fading, and if we are it is because of the uber rich and the global race for cheap labor.
It can't go on indefinetely. These corporations want to produce their products as cheap as it gets. But they want to sell them in the West. Widespread poverty is on the rise here. In my country it already broke the 10 percent mark and in Germany, if I recall the numbers correctly, 50 percent of the population doesn't pay income tax because they earn so little that they don't qualify to be taxed.
So, with less people being able to buy, the consumer base is melting away like ice in the sun. Give it another one or two decades, and the business model of outsourcing won't pay anymore.