Wednesday, August 22, 2007

Good Economy?

More evidence that the devaluation of the Greenback is not good. Did you know that it is now economically viable for call centers in India to re-outsource their labour to Ohio? Yes. US companies are outsourcing to India and Indian companies are outsourcing to Ohio.

Why is this happening now? Well, it is simply because the US dollar has slid 40-50 per cent internationally in the past 6 years.

Remember, a strong economy has a strong currency. It is that simple.
Read about the re-outsourcing on

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