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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (40929)9/6/2005 12:58:38 PM
From: Wyätt Gwyön  Read Replies (2) of 110194
 
let's get this straight: EVERYBODY overpays for lumber by a stiff 20% in order to protect a bunch of lumberjacks somewhere? and this makes sense how, exactly?

not to excuse protectionism in the US, but somehow i think there is a helluva lot more of it in Europe. if Heinz hates protectionism so much why doesn't he attack European clothiers who are not allowed to discount. this protectionism easily costs consumers more than 20%, to the point where Europeans take shopping vacations to America because Bloomingdales seems cheap to them.
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