Bold Seagull
strong and stable with me, or...
I attribute it to many factors. Undercutting of job costs being one of them. It all amounts to taking money out of circulation and letting it collect in the richest people's bank accounts and letting money leave the country. It's not rocket science. It's not the whole story but it's a factor. You're seeing things too simplistically, it's that group or this group. The fact is it is many groups.
I've only commented on what you've said so far, which I agree is simplistic.