Quote from: Time Topic

For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.


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Author Bio


  • NameLaurent Fabius
  • DescriptionPrime Minister of France
  • BornAugust 20, 1946
  • CountryFrance
  • ProfessionPolitician; Diplomat
  • AwardsGrand Officer Of The Legion Of Honour; Grand Cross Of The National Order Of Merit