Funny, that. Reading The Drifters by Michener in 1971 last night and came
across the following:
"A company in the United States has a market for 100,000 units, but because
of competition, cost of materials and wage-rates it cannot make a penny on
production this small. Therfore at very little extra cost in overhead or
planning, and reduced cost for raw materials and labour, it makes up a
second 100,000 and disposes of them abroad. The foreigner gets a product
for one tenth of what he would have to pay if someone tried to produce it
locally, and the US lent him the money (with interest) to buy them so 90% of
the money comes right back, so who's losing?"
What goes around comes around, and it's called 'dumping'.
----- Original Message -----
From: "Barrie Robinson" <barrier@bconnex.net>
To: "Carl French" <leylandauto@yahoo.com>; "MG List" <mgs@autox.team.net>
Sent: Friday, November 01, 2002 1:44 PM
Subject: Re: The answer to "Why are there no listers from China"?
> What is really amusing about this is the number of " Made in China" labels
> that abound in our households. Personally I never buy anything made in
> China (ex-Hong Kong) It hurts but our family gets by. Sometimes costs
> more, like my needle nosed pliers were $13 (made in USA) against $8.
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