Analogy of the Day
Came up with this a long time ago:
Chinese rice farmers are water. Chinese sweatshop workers are steam. The crappy wage is the boiling point. Heat input is economic growth.
Wages will be constant until the rice farmer supply is gone, at which point they will rise quickly.
Chinese rice farmers are water. Chinese sweatshop workers are steam. The crappy wage is the boiling point. Heat input is economic growth.
Wages will be constant until the rice farmer supply is gone, at which point they will rise quickly.


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