I know that there are people who do not love their fellow man, and I hate people like that!
“For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.”
“This could be done in part, because the equipment was very inexpensive. Not much money was involved in tooling so that basic changes of that type could be accomplished.”