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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: MulhollandDrive who wrote (67913)8/21/2007 9:59:21 PM
From: RealMuLan  Read Replies (1) of 116555
 
They say, you get what you paid for. You cannot have your cake and eat it!

Do some math before complaining, the pay for those sweatshop Chinese workers have been pretty much flat for the last TWO decades, energy and raw material price have been skyrocketing, and there is simply no pricing power for the Chinese export companies. So how can they keep their door open? Yes, by cutting some corners.

For what the Chinese workers made, Americans are indeed getting a good bargain, actually an excellent bargain. Don't like made in China product? Stop buying them! As simple as some drug addicts trying to quit heroin, LOL.
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