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kev374
Participantwell, if people don’t have jobs here and the salaries are going down what do you think is going to happen to housing? or anything else for that matter? there is going to be deflation. Nobody is going to be able to afford the very products that these companies trying to offshore are selling.
Although India and China (to a lesser extent) has local demand it is not at all sufficient for American companies to be profitable, they need the American consumer to spend.
Also, $8000 is not going to get you a Sr. level software engineer in India. The going rate is around Rs. 20 lacs/yr ($40,000) with an annual income inflation rate of 15%. The savings are greatly exaggerated. I know, I just returned from India and things there are not so cheap there anymore..a 3bd apartment in Bangalore is over 1 crore Rupees ($200,000).
Participantwell, if people don’t have jobs here and the salaries are going down what do you think is going to happen to housing? or anything else for that matter? there is going to be deflation. Nobody is going to be able to afford the very products that these companies trying to offshore are selling.
Although India and China (to a lesser extent) has local demand it is not at all sufficient for American companies to be profitable, they need the American consumer to spend.
Also, $8000 is not going to get you a Sr. level software engineer in India. The going rate is around Rs. 20 lacs/yr ($40,000) with an annual income inflation rate of 15%. The savings are greatly exaggerated. I know, I just returned from India and things there are not so cheap there anymore..a 3bd apartment in Bangalore is over 1 crore Rupees ($200,000).
Participantwell, if people don’t have jobs here and the salaries are going down what do you think is going to happen to housing? or anything else for that matter? there is going to be deflation. Nobody is going to be able to afford the very products that these companies trying to offshore are selling.
Although India and China (to a lesser extent) has local demand it is not at all sufficient for American companies to be profitable, they need the American consumer to spend.
Also, $8000 is not going to get you a Sr. level software engineer in India. The going rate is around Rs. 20 lacs/yr ($40,000) with an annual income inflation rate of 15%. The savings are greatly exaggerated. I know, I just returned from India and things there are not so cheap there anymore..a 3bd apartment in Bangalore is over 1 crore Rupees ($200,000).
Participantwell, if people don’t have jobs here and the salaries are going down what do you think is going to happen to housing? or anything else for that matter? there is going to be deflation. Nobody is going to be able to afford the very products that these companies trying to offshore are selling.
Although India and China (to a lesser extent) has local demand it is not at all sufficient for American companies to be profitable, they need the American consumer to spend.
Also, $8000 is not going to get you a Sr. level software engineer in India. The going rate is around Rs. 20 lacs/yr ($40,000) with an annual income inflation rate of 15%. The savings are greatly exaggerated. I know, I just returned from India and things there are not so cheap there anymore..a 3bd apartment in Bangalore is over 1 crore Rupees ($200,000).
Participantbullish? The media is predicting 30% decline for SoCal in the next year, and usually these guys are raving about how real estate is appreciating. That should tell you something!
Participantbullish? The media is predicting 30% decline for SoCal in the next year, and usually these guys are raving about how real estate is appreciating. That should tell you something!
Participantbullish? The media is predicting 30% decline for SoCal in the next year, and usually these guys are raving about how real estate is appreciating. That should tell you something!
Participantbullish? The media is predicting 30% decline for SoCal in the next year, and usually these guys are raving about how real estate is appreciating. That should tell you something!
Participantbullish? The media is predicting 30% decline for SoCal in the next year, and usually these guys are raving about how real estate is appreciating. That should tell you something!
Participantit’s due to deflation, everything is on sale. Giving you an example, just 6 months ago I bought a Garmin 270 navigation system for $280, now that exact same unit is on sale at amazon for $129. That’s deflation for you. Today super saturday, they are saying everything is 50% off at the mall, perhaps I will go there later and see what is happening.
Participantit’s due to deflation, everything is on sale. Giving you an example, just 6 months ago I bought a Garmin 270 navigation system for $280, now that exact same unit is on sale at amazon for $129. That’s deflation for you. Today super saturday, they are saying everything is 50% off at the mall, perhaps I will go there later and see what is happening.
Participantit’s due to deflation, everything is on sale. Giving you an example, just 6 months ago I bought a Garmin 270 navigation system for $280, now that exact same unit is on sale at amazon for $129. That’s deflation for you. Today super saturday, they are saying everything is 50% off at the mall, perhaps I will go there later and see what is happening.
Participantit’s due to deflation, everything is on sale. Giving you an example, just 6 months ago I bought a Garmin 270 navigation system for $280, now that exact same unit is on sale at amazon for $129. That’s deflation for you. Today super saturday, they are saying everything is 50% off at the mall, perhaps I will go there later and see what is happening.
Participantit’s due to deflation, everything is on sale. Giving you an example, just 6 months ago I bought a Garmin 270 navigation system for $280, now that exact same unit is on sale at amazon for $129. That’s deflation for you. Today super saturday, they are saying everything is 50% off at the mall, perhaps I will go there later and see what is happening.
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