The gross myth propagating global meltdown fears is related to the process of outsourcing. The following article explores the history of outsourcing, the influence it carries on 3rd world countries and element of distraction and impending disaster waiting to happen in the event of global super powers economic collapse.

The spawn of globalization made established nations such as USA recognize the benefits of outsourcing. There were risks involved, the outsourcing strategies held basking in such risks and still do.

Automation is analogy to Outsourcing. In the old days, when industrial automation would result is job losses to hoards of laborers; protest marches, strikes were seen. Nowadays, the job outsourcing invokes the same sort of sentiments.

T-Shirts saying ?I am jobless because my job went to India? are being sold in UK and USA markets. It has become a cultural symbol.

India on the other hand has become increasing focused and aligned towards serving customers from rich, well to do nations.

An impending disaster in reality is the effect of people carrying a notion that outsourcing kills local jobs and collapses or de-stabilizes a countries national economy.

Once such sense become prevalent among the general majority, the political play will wait less than fraction of second in contributing to fear tactics and preventing/blocking global business sharing

All that has been achieved over the period of years would be lost if not for corrective and conscious actions.

Outsourcing is not just a trend, it's a economic need by which all nations could benefit in much the same way as automation helped industries achieve better production, improve efficiency and bring about better standard of living.

Outsourcing is a way for super rich countries to provide employment to the poor and needy countries there by reducing poverty, social inequality and help prevent global recession.

The true cause of recession is always a poor leadership, wrongfully fought wars and poor economic planning.

Reverting back to basics and preventing outsourcing will only cause growth retardation and worsening the global economy and not provide the needed solution.

Every leadership both at a national and at a simple corporate level should realize and materialize goals in such a manner; economic slowdown can be prevented by strategic developments, innovations and concentrated sourcing of skills.

Global harmony is best maintained through outsourcing and no other factor has contributed in a much larger sense as did outsourcing.

Can anyone out weigh the impacts of outsourcing by simply considering it as causing the loss in jobs to locals?

Lets face it people, outsourcing saves the day, its not the reason jobs are lost, it's the only reason economic is maintained solemnly for everyone to benefit and bridge the gap between rich and poor.