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Originally Posted by gary_580
There is always going to be someone that can do it cheaper than the UK, it costs more to live in the UK than Vietnam! They only edge the UK can have is level of service and iginuity. Once the Far east and eastern block countries get that sorted we might as well all retire (assuming there is a retirement fund!!)
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I think the western world will have to invest in education and innovation to keep up. In the long run, I suppose the developing countries will become richer (and more expensive) as well. Also, as the developing nations get richer, they will be looking to acquire more services/goods, which could be good for western economies, provided they can supply these goods/services.