In Reply to: RE: Give it up - you can't win this one posted by racerguy on January 5, 2008 at 07:49:33:
A commodity is a physical substance, such as food, grains, and metals, which is interchangeable with another product of the same type.
The keyword is "interchangeable"
A good engineer is not interchangeable, she/he has unique skills, so she/he is never a commodity.
These unique skills might not be in demand in the local market. So the price can go to zero. So no job, and a move to another market is needed. Like your friend.
The Scandinavian societies give free of charge first class university education to anybody, who pass entry skills tests.
As far as I know, Germany and Japan do the same.
So the rise to the top in Scandinavia is easier for the children of the poor persons, than in USA, where you have to pay a lot for the best universities.
The German engineering skills keep their export high in spite of the high Euro, because their products are not commodities.
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Follow Ups
- RE: Give it up - you can't win this one - Ole Lund Christensen 11:41:16 01/05/08 (3)
- You are determined to continue being wrong - racerguy 12:40:15 01/05/08 (2)
- Your arrogance seems superior to mine :-) - Ole Lund Christensen 14:03:23 01/05/08 (1)
- That's funny, coming from you! (nt) - racerguy 14:08:38 01/05/08 (0)