Re: project bidding sites

Terrence Brannon wrote:
> [email protected] (Anthony) writes:
> 
> 
>> all the projects that I would
>>charge $500+ for were being bid at $50, by people in
>>russia and india.
> 
> 
> On slahsdot it was mentioned that over time, as India becomes more
> wealthy, the ability to underbid will decrease and Americans/1st
> worlders will be on a level palying field once again.
> 
> 

Sure, that's basic market economics and wealth transfer theory. Of
course, economic theory is great until you try to apply it to the real
world. I wish I could call my mortgage company and tell them "over
*some* time horizon I will definitely pay them back" ;-)....

Of course the problem with that is that India isn't the last 3rd world
domain, and once we reach that point there is China, the undeveloped
part of southeast asia, a whole bunch of russia, and most of africa to
worry about (not to mention the midwest ;-))....

Not trying to sound bitter or trying to flame, just putting my hard
earned Economics degree to good use finally ;-), and I do agree with the
statement. Just pointing out that the problem is with the time horizon,
there is none given, this seriously could take 20 years and that is just
for India. By the time the 3rd world catches up, I seriously doubt we
are going to be concerned with losing jobs to the 3rd world.

Just my couple of non-cents,

http://danconia.org