Panda, the costs of training and qualification in the EU are going to be a constant, whether you subsequently fly there or go to the far east, so that has no bearing on the matter. Further more, you bring up P2F. While I find the idea abhorrent and have disdain for those who do it (airlines and pilots alike), those pilots who feel they need to go that route are not going to be eligible for the far east jobs either, so again, your argument is flawed, especially by the fact that it's not RYR but EZY who do it. Finally, there are many, many people who are flying from a base near their family home on stable roster with plenty of family time. The money they earn is only a little less than the Chinese contracts and a lot more than most other contract jobs without the issues of crazy medicals, living away from family for extended periods, working in racist companies and living in a crap hole. So yes, a lot of the guys will work for an employer they hate because it is better for their family.
Some of the newest people in EU companies have problems with basings, but they are at least on the right continent and able to position for free. Your "run away to the far east" agenda is a preposterous idea to all but the most disaffected. Your arguments are entirely illogical and your lack of knowledge astounding for someone so opinionated.