Well, it happens eventually. Look back at history. Japan used to produce products cheap. Now they're in the same situation that we are & can't afford to produce a lot of their own products. It's even happening in Korea & China to some extent. One of the "problems" with success & earning more. The more we get, the more we want.
Some of the countries in Africa still have cheap labor, but to much instability & unrest in many of them to risk investing. I remember exchanging emails with a fellow in Kenya back when I was tying commercially who indicated the government helped him get his tying business started to promote their economy. A lot of flies used to be tied in Kenya. Unfortunately, they don't have a lot of good resources as far as tying materials go, so everything has to be imported. Not sure what the situation there is now, but I'm sure there's a good reason fly companies moved operations to Thailand.
It's a cycle, no one works for low wages forever, not even in third world countries. Not a good sign for fly buyers, but perhaps good for the people in those countries who are now getting more for their time.
Same argument here about raising minimum wages. Sure, everyone wants to earn more, but in the end we all pay more for the products & services we get, because the more that's paid in wages, the higher prices need to be to make a profit. It's like a poker game, no one really wins in all of this, just the stakes get higher.
Sounds good to me, perhaps I'll go back to tying commercially when I retire!