Posted by Spook on July 13, 2010 at 12:31:26 from (75.45.89.110):
In Reply to: Re: Nope. posted by HWL on July 13, 2010 at 08:38:05:
I think there is too much made of the Chinese labor rates. They have been so low that they would have to increase by a factor of 10x or even 100x to compare to ours. A lot of the profits of foriegn corporations doing business in China are retained by the Chinese government and the Chinese partners. Now that they have money, watch for the chinese to dump or buy out their foriegn partners - they will have the technology and capital to compete here. In other words, it will not get better....
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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