Friday, April 23, 2004
Observations
This is something to keep an eye on. And it could get big, even in Europe. Questions are:
- What happens to the economies of the nations being outsourced?
- Does it mean that the shareholders, and I assume they are in the local or domestic economy, get more money, are able to spend more so net net there is no difference?
- Is it more important to have the employed spend the money (wages) in the local economy or the shareholders spend their money in the local economy?
I think the money follows the skill, the skill will drive the demand, the wealth will move and the gap between rich and poor will widen putting more burden on the social systems driving tax up and it will be a mess. I'm not sure that the off-shoring model will support good personal service.... but that we will be stuck with it anyway.
Oh, while I am on the service band-wagon, I think it is going pretty poorly here in the UK anyway. Take a look at PC World, Dixon and Curries and let me know if you are entirely happy with their service.
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This is something to keep an eye on. And it could get big, even in Europe. Questions are:
- What happens to the economies of the nations being outsourced?
- Does it mean that the shareholders, and I assume they are in the local or domestic economy, get more money, are able to spend more so net net there is no difference?
- Is it more important to have the employed spend the money (wages) in the local economy or the shareholders spend their money in the local economy?
I think the money follows the skill, the skill will drive the demand, the wealth will move and the gap between rich and poor will widen putting more burden on the social systems driving tax up and it will be a mess. I'm not sure that the off-shoring model will support good personal service.... but that we will be stuck with it anyway.
Oh, while I am on the service band-wagon, I think it is going pretty poorly here in the UK anyway. Take a look at PC World, Dixon and Curries and let me know if you are entirely happy with their service.
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