Originally posted by webberg
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1. Blissful unawareness and increasing blind reliance on outsourcing (with little regard for quality)
2. The stronger contractors (the ones with in-demand skills and who keep up-to-date with their industry) will leave. One factor is that it is a wide world out there. It used to be fairly uncommon to have City of London contractors seek contract work outside the UK - not so anymore since the (very) rough patch of 2009. Better contractors easily move under friendlier skies (often with family).
They are immediately replaced by cheaper imports so the transfer is not apparent right away.
Quality suffers, but that's only visible in the medium term.
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