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To: Bid Buster who wrote (207360)11/30/2002 8:22:05 PM
From: Simba  Respond to of 436258
 
Bid_buster,

I concur with your point of view. Service inflation has been hight and even the govt. published CPI, the service component has been growing at a rapid clip. Education and Health Care costs have grown at rates double the overall CPI as per the govt. figures. I had been buying medical insurance for my aged parents and the insurance company just increased the premium by 15%. I talked to them and they say the past 5 year average yearly increase has been about 12-14% and I should not be surprised by it.

As I said earlier deflation is in the ChinaMart items. For most essential services it is hard to believe the reported inflation numbers.

Simba



To: Bid Buster who wrote (207360)12/1/2002 3:22:26 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 436258
 
do you remember when RCA, Zenith and Curtis Mathis were U.S. companies?..name one U.S. company that makes a tv, a radio, a VCR or a DVD anymore.

Is this a trick question... you know of course that the IP in these goods is almost entirely USA for the cutting edge stuff, until it gets commoditized and moved offshore anyway... a very efficient system fwiw

Sonic Blue, MVIS, tivo are SV companies producing consumer electronics, thats on the hardware/design side... many more on the software side of course

Lizzie



To: Bid Buster who wrote (207360)12/1/2002 4:31:09 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Japan blocked the US manufacturers from selling in Japan. The US companies then licensed the technology to Matsushita and other manufacturers. The Japanese manufacturers had their own captive market where they could charge higher prices and an entry into the US market where they could sell sets at below the competition. There was an old PBS Frontline program on this in 92. Anti-dumping tarrifs were supposed to be levied on Japan in the 70s. Nixon, Ford, and/or Carter killed the tarrifs in exchange for Japanese cooperation on some initiative with China and/or USSR. There used to be huge demonstrations back then whenever the US would be looking into Japan's predatory business/government practices. The sight of the "Red Army" demonstrations was enough to back down US Big Business and Nixon.

Some of those types of tactics have been learnt by China and the tigers.

found the link

totse.com



To: Bid Buster who wrote (207360)12/1/2002 7:08:11 PM
From: Venkie  Read Replies (1) | Respond to of 436258
 
Zenith makes a great new Plasma-hdtv TV.

zenith.com