Re: The depreciating dollar may prove lethal to outsourcing.
- From: "Niall Litchfield" <niall.litchfield@xxxxxxxxx>
- To: post.ethan@xxxxxxxxx
- Date: Tue, 18 Mar 2008 15:53:34 +0000
You mean outsourcers don't setup national subsidiaries, hedge currency
movements and pay from the appropriate fund. I see a business opportunity
here.
Niall
On Tue, Mar 18, 2008 at 1:58 PM, Ethan Post <post.ethan@xxxxxxxxx> wrote:
> Interesting article on the effects of the dollar's fall on
> outsourcing. Would be interesting to hear a few of you who are perhaps
> feeling these effects to comment.
>
> http://www.mises.org/story/2883
>
> "The depreciating dollar may prove lethal to outsourcing. Employees
> hired by US companies based in foreign countries usually convert
> earned US dollars into their national currencies. A worker based in a
> country with an appreciating currency will get less money when paid
> the same amount of dollars."
> --
> //www.freelists.org/webpage/oracle-l
>
>
>
--
Niall Litchfield
Oracle DBA
http://www.orawin.info
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