The cost of labor flat ? Maybe in the US, but not in the countries where all the stuff the US buy is produced ! Wages are definitely going up in China.
Jim Rogers: Cotton Is a Good Way to Buy Oil [View article]
Hi. Here's another one: plastic can be produced from sugar cane. "Dow Chemical Co., the largest U.S. chemical maker, and its Brazilian partner, Crystalsev, plan to build an $800 million plant in Brazil to produce plastics from sugar cane instead of petroleum, Valor Economico reported.". (source: www.bloomberg.com/apps...)
Is the Commodities Bull Market Over? [View article]
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Jim Rogers: Cotton Is a Good Way to Buy Oil [View article]