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I think you are vastly overestimating the average wage of people in third world countries, and the tolerance for a reduction in minimum wage in 1st world nations.
I can't see this happening within the next 500 years. It would require a world government, a lower rich-poor disparity among the billions of people living in the world, and a complete cultural revolution that would allow this scenario to come to pass.
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"Asking a bomb squad if an old bomb is still "real" is not the best thing to do if you want to save it." - denim
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