[quote=flu][quote=no_such_reality]
Skills sets are progressive. You can’t have an economy that just has top level skills and jobs.
Well, you can, but that only works for a generation.
[/quote]
Well, you don’t need everyone to have the top skills. You just need enough people in your country to have the top skill to justify having a presence here at all, so the rest of the people who aren’t top level skills can be supported locally with local wages.
Building a damn is also slightly different. The work literally has to be done here, unlike building a portable product or service. Different set of rules.[/quote]
flu you’re being very literal.
not sure what local wages are when the global environment is dictating what wages are. Top talent only justifies local presence if there shortage of that talent outside of the area or you’re required to have local presence for other reasons.
When today’s local top talent retires who will replace them?
hint: the guys off shore that already replaced the mid-level talent.
