The Indian outsourcing trend was operating at unsustainable rates, fueled by the overvalued dollar: http://commentisfree.guardian.co.uk/dean_baker/2007/11/down

The Indian outsourcing trend was operating at unsustainable rates, fueled by the overvalued dollar: http://commentisfree.guardian.co.uk/dean_baker/2007/11/down_with_the_dollar.html http://commentisfree.guardian.co.uk/dean_baker/2007/11/down_... Unfortunately, while the dollar is finally falling in a way that will help reinvigorate the US industries that the strong dollar helped to injure or kill over the last decade, the sharp fall in the dollar's value is also a big pain -- higher inflation, higher interest rates, and all at a time when the real cost of oil is shooting up. I'm certainly not surprised to see developers in foreign countries demanding comparable salaries to developers in the USA. Are they supposed to be altruists, cheerfully working for less than their market value just because their local cost-of-living is so much lower? ;)