Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Elroy Jetson who wrote (93068)	1/20/2009 1:47:30 AM
From: John McCarthy	2 Recommendations Read Replies (2) \| Respond to of 116555

EJ I don't have the intellectual where with all to go after the article either way. But my gist of it was: (a) China prints more paper because they have to. (b) More - China Money floating around in China - raises the prices of material, labor, and overhead within China. (c) Because of (b) if it cost China 9 cents to manufacture a toothbrush in 2008 - it will cost them 11 cents in 2009. (d) Walmart comes along and still buys toothbrushes from China because they are still the low cost producer (versus all others) (e) Walmart bumps up their USA toothbrush price by 2 cents to cover the increased cost. All of the above could be hog-wash - but thats how I took it. regards John