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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (72843)	12/26/2007 4:39:23 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

I agree with you Yi-Wu Walmart is not good for China. It is good for the US. Mish

To: RealMuLan who wrote (72843)	12/26/2007 9:29:50 PM
From: Webster Groves	Read Replies (1) \| Respond to of 116555

<All one needs to do is to take a look at manufacturers for goods sold in Walmarts, one can tell very easily less and less are made in China.> Oh really ? I don't shop at Walmart, but sometimes browse. If Chinese made goods have now dropped from 99% to 98% of products stocked, then I stand corrected. I guess that's another 1% for Bangladesh or some other low wage originator. The pay and benefits NOT paid to Walmart's employees are augmented by taxpayers in the form of free health benefits at hospital emergency rooms, free school lunches and transport, and local welfare supplements. No one can support a family on a Walmart paycheck, so we all must chip in. Mish thinks this is good for America. wg