For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date. — Laurent Fabius

Tags: #Time, #Wages, #Analysis, #LaurentFabius, #French, #Statesman

Mini who’s who:

Laurent Fabius : French Statesman
Born:  August 20, 1946

Pin It on Pinterest

Share This

Share this post with your friends!