I am a software development manager from Europe. Right now we have to turn down projects because we don&#x27;t have enough people. If we have more people we can start more projects and make more money. My wages will go up as I will have a larger team to manage. The developers in the team already will get more seniority as people come in from overseas &quot;below&quot; most of them. Their wages might go up. Some of them that might not perform as well as the new arrivals might get paid less. Overall, the market might not be as flexible as the labor supply, so we might a reduction in wages over the mid term. This would be a correction in my eyes. I think western workers are overpaid and third world workers are underpaid, so it seems fair to see a natural adjustment here.