China's advantage isn't cheap labour any more. It's efficiency brought about by scale and proximity to the supply chain.
Thought this was pretty interesting as I've not heard of uses for gold like this before. In collaboration with scientists from Carnegie Mellon...
The US isn't a single place - some parts are quite livable, other parts not so much. I remember the first time I went to Detroit in about 1990 I...
How do you value add when my rent alone is far higher than wages in the places that are processing that wool right now? and I have cheap rent!
Personally I find them indispensible. You? Maybe not.
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