Economic globalization is occurring rapidly.
Countries in Eastern Europe, South America, Asia, and Africa are undergoing rapid economic development.
Growth in these geographic regions is expected.
Why wouldn't they companies seek out the lowest cost centers?Low cost centers exist just hours away from countries like Germany in places like The Czech Republic and Estonia.
Why pay ten Euros and hour in Germany when you can pay two right down the road?These companies are even growing with the charitable help of the "West".
If you want you can get online and make an interest free loan to somebody who will be replacing your job in the next five years.
Globalization can be seen everywhere.
Even in traditionally well protected service sector jobs like IT and Accounting.
I would maintain the IT jobs have already slipped into the clutches of India and the Philippines.
What does this mean? The service sector jobs are going to become increasingly less skilled, and the skilled service sector jobs will become outsourced.
College diploma's will start looking bleaker all the time.
Hanging on the wall they will only represent a Note Payable from student loans, not the promise of a prosperous job.
The reason is that technology and globalization are breaking down educational, cultural, social, political and economic barriers that have stood for years.
The problem is not that the barriers are being torn down, this was inevitable.
The problem is the rate with which it is happening.
The people of already prosperous countries will not have time to make the adjustment.
Fifteen years ago people didn't have Indian IT personnel, fresh coffee beans from South America, and handcrafted masks from Africa.
Now people even have entire rooms dedicated to an Asian or European theme.
It is great to have this type of diversity in the home, but this diversity has saturated our culture in a short fifteen years.
Imagine the effect when this shift of goods becomes a shift of wealth.
The top tier in the world will suddenly be asked to live a more conservative lifestyle.
The result will be instability in economic markets, and shifts of power.
In a rapidly evolving and globalizing world it is important for nations to have a population that is rapidly adapting.
The super power nation of today will fall by the wayside if their people cannot adapt to these changes.
It sounds dramatic, but it is not naive to expect nations in similar standing as the United States to see an overthrow of government.
Failure and prosperity are both on the horizon for every country despite it's current economic standing.
Currently the U.
S.
stands to lose the most.
This can be seen in the weakening dollar (Canada's dollar is now more valuable than the U.
S.
dollar), the export of white collar jobs, the growth of low paying service sector jobs and in many other aspects of American life.
The future survivors will have either moved to other countries to exploit the difference in the standard of living and maintain a job or will use the internet to protect themselves from the sliding prosperity currently held.
The internet is the one median than transcends borders and culture seamlessly.
Prosperity here can be achieved everywhere.
Those who master the internet master the global economy and won't have to worry about relocating from country to country.
They will use a global tool not a global location to determine success.
Keep the enemy close and embrace technology.
Embrace the Internet.