Re: The depreciating dollar may prove lethal to outsourcing.

  • From: Tim Gorman <tim@xxxxxxxxx>
  • To: post.ethan@xxxxxxxxx
  • Date: Tue, 18 Mar 2008 09:12:56 -0600

I heard exactly this from a Canadian friend working in the US over the past 12 months. During that time, he's seen his paycheck decrease by almost 40%...




Quoting Ethan Post <post.ethan@xxxxxxxxx>:

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
--
//www.freelists.org/webpage/oracle-l


Other related posts: