Re: The depreciating dollar may prove lethal to outsourcing.

I heard exactly this from a Canadian friend working in the US over the past 12 months. During that time, he's seen his paycheck decrease by almost 40%...

Quoting Ethan Post <post.ethan_at_gmail.com>:

> Interesting article on the effects of the dollar's fall on
> outsourcing. Would be interesting to hear a few of you who are perhaps
> feeling these effects to comment.
>
> http://www.mises.org/story/2883
>
> "The depreciating dollar may prove lethal to outsourcing. Employees
> hired by US companies based in foreign countries usually convert
> earned US dollars into their national currencies. A worker based in a
> country with an appreciating currency will get less money when paid
> the same amount of dollars."
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> http://www.freelists.org/webpage/oracle-l

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