Miami based Royal Caribbean Cruises, operator of some of the biggest cruise ships in the world, is on a building spree. And where are they building the new boats?
Some pathetic low wage country like China?
Wrong!
Some middle-tier industrial power like South Korea?
Wrong!
Some supposedly de-industrialized European high-wage country where pay and benefits outstripped those in America a generation or two ago?
Bingo!
How is such a thing even possible?
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