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The manufacturing debacle that is China is what we made it!
Wal Mart, Target, K mart exist becuase of where every one of us opens our wallets and the choices we make. Anyone who complains about rising unemployment has to ask themselves when they last sent some money a local manufacturers way.
This whole concept of having 'better' products
made cheaper overseas in sweat shops seems to have started by the Republicans, with their anti-union, pro-business attitudes.
It's one thing to buy a Sony or Panasonic product that was designed, conceived and manufactured overseas, but a company like Levi Strauss being forced to have their slacks and jeans made overseas to compete at Walmart or Target is disgusting.
I'd rather support American workers even if this means paying a bit more.
Yup, I'd pay more to keep...
Yup, I'd pay more to keep some gigs here for sure. At the end of the day, I'm really concerned with quality. If you can get that overseas and pay workers an honest living wage, I'm for it.
China may close, but Indonesia, Thailand, and Philippines may be the next wind.
CNBC David Faber. Marc...
CNBC David Faber. Marc Haynes, Melisa Fransis Eran Burnett,Micheal Lee, all morning show commentators on the rise and fall of the chines economy and since the n olymbic how China has been suffering, due to lack of export from countries,
Industry affected the most Toys , manufacturing,
Setag
great question
and i hate that the Chinese tried to ruin the modern furniture market, all but drying up cause lack of buyers, not small people brick and morter companies,
I have friends that bought that stuff for 3 years and made a nice profit, I never approved cause i always felt those replicas were poor quality the only ones I like were the Vitra clocks and they were well made every thing else had a funny look to it or not right, I feel sorry for designers who got ripped off by the Chinese and i have said they are getting their just dues, I hate to see the peasants at 25 cents a hour affected. but I am sure the beatings have stopped for a crooked Barcelona chair, or Nelson bench that they left the nails out of.
The whole situation was totally out of control
maybe now we will see some normalcy out of the Chinese.
Your reply hints toward...
Your reply hints toward complicity on the part of the United States, LRF, so I don't suppose it's necessary to add anything more specific to that. I think most of us have a good sense for the huge role that we play in world markets/developing countries. But still I'd want to second Koen's remark: that there's clearly nothing to rejoice in the misfortune of others. What goes around doesn't really ever come around any more - it is already here.
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