Monday, December 10, 2012

"Insourcing" and "reverse globalization"

TYWKIWDBI ("Tai-Wiki-Widbee"): "Insourcing" and "reverse globalization"

What is only now dawning on the smart American companies, says Lenzi, is that when you outsource the making of the products, “your whole business goes with the outsourcing.” Which raises a troubling but also thrilling prospect: the offshoring rush of the past decade or more—one of the signature economic events of our times—may have been a mistake.

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