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To: jrinvestor who wrote (72692)7/2/2001 12:53:18 AM
From: Ahda  Read Replies (1) | Respond to of 116796
 
This economic slowdown is much different than in the past, in that it's effecting all of society.

i too see a problem but i am wondering if i am too limited in scope. i look at everything as it is in LA and it is not.
From my perspective i would not attempt to open any type of manufacturing business here.
From an importers perspective quality can be a problem. You can have a shipment of substandard goods and the consequence of this is your estimated savings have now turned to total loss. The import business is becoming very competitive and with greater cost savings, comes far more risk than there was a few years ago. This means there will be an increase in price for the importer who knows they can't sell second rate and have to settle for an increase in price and a more stable sources.


My thoughts are close to yours. Though i don't see it as much of a slow down affecting all of society but an increased cost situation that has created the need to work additional man hours and the corporate too must find alternative methods of creating adequate funds.

In this new global world it is not so simple to send the darn thing back. Cost savings might end up looking as the the most costly thing we have ever done and again hit the bottom line, I hope not. You get a bad batch and you eat it, as it is not so easy to bring in the law.