Re: Fred's musings seem partiularly apropos
Originally Posted by brewer12345
I hate to tell you this, but you are making an unfounded assumption. Yes, most of the nations we outsource to won't have the financial system to do all the stuff the US financial system does, but many of the jobs are already starting to go over there. For example, most of the big Wall St. banks already farm out a lot of the basic financial modelling, etc. to Indian MBAs.
Unless you can do high value added work and stay on top/constantly upgrade your skills, it doesn't matter what you do: you will be vulnerable to competition from foreign labor.
Geez, they didn't say that on the MBA brochures! I wonder why.
I don't feel too bad though because at least I'm not going to be spending $75K to find out that I'll still be competing against el-cheapo foreign labor. I'm going where the scholarship is the biggest. I hope it pans out. Businessweek and Fortune ranked the program, but if I'm begging for food on Retire Early Forum in a year or two, you'll know that I f-ed up, so please send donations.
Got retiree health care through your company? What if the company goes bankrupt? Retire and go RVing full time? RVs are not structurally sound. You'll die in a fiery crash. Retire and live overseas? What if you die? Aren't you worried about your body? No, I don't think I will be able to seeing how I am dead.