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


To: Webster Groves who wrote (72884)12/27/2007 9:09:28 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
No, I do NOT either, may be once every two years. But I do occasionally do some market research, what I saw is more and more NOT made in China, and I read quite some other people said that too

Apparently you are NOT informed about the labor cost is going UP in China, and the new labor law starting in 2008, and stricter environmental law, and sweatshops have had a hard time to recruit cheap labors for the last 3+ years there too. ALL those contribute plenty sweatshops have to move out, or close down. NO, they do NOT have to go to Bangladesh, many smaller countries in Southeast Asia has cheaper labor cost! As for Walmarts, it has

I agree with Mish, Walmarts has done MORE good than bad to the US. Many poor Americans will agree with him too!!