Volconvo Debate Forums - View Single Post

RVonse · May 21, 2005, 10:13 pm

"If you have a free market these changes are inevitable, but in time the market will evolve and the US will find it's comparative advantages."

I pray that I am wrong but the only evolution that I can forsee is that: (1) Either 3rd world economies are going to have to "come up" to the US standard of living or (2)The US is going to have to adjust its standard of living downward to theirs. And I sincerely hope that it is the former and not the later.

But either way it will not be a fun ride getting there.

May 21, 2005, 10:13 pm	#11 (permalink) (top)
RVonse Igneous Magma Posts: 566	"If you have a free market these changes are inevitable, but in time the market will evolve and the US will find it's comparative advantages." I pray that I am wrong but the only evolution that I can forsee is that: (1) Either 3rd world economies are going to have to "come up" to the US standard of living or (2)The US is going to have to adjust its standard of living downward to theirs. And I sincerely hope that it is the former and not the later. But either way it will not be a fun ride getting there. Last edited by RVonse; May 21, 2005 at 10:15 pm.