At 12:56 PM 4/9/01 +0100, RJC wrote:
>But James - what's different? Off topic but a large sports goods factory in
>central Scotland has just closed with attendant loss of jobs - why?
>Because the
>production is being transferred to the Far East at 10% of the present
>cost. The
>stuff is just shipped in and rebadged. My son would still like the 100 buck
>Nike trainers that I won't get him (for his own good, you understand!).


You are right, of course.  That is a different rant, and does not yet apply
to the harpsichord market.  But some of the arguments transfer if you just
multiply labor costs by a factor of ten.

JB