On 11/25/2010 12:44 AM, Dan Abel wrote:
> In >,
> "Ed > wrote:
>
>
>> We recently had an opportunity to supply WalMart with a product for next
>> summer. They told us the price they would pay, we told them "no thanks".
>> The volume was great, but with no profit, we won't touch it. There present
>> supplier is afraid to say no and is having financial problems. It is a
>> choice they are making.
>>
>> Don't forget to put a portion of the blame on the US consumer that is
>> hunting that low, low, low price.
>
> I just hope the US remembers the lessons that we didn't appear to learn
> during the chip dumping days. The Japanese sold memory chips for
> computers below cost, driving all the US companies out of the market.
> Once they were gone, they raised the prices to make ridiculous profits.
> The US chip makers had learned their lesson, so they didn't try to get
> back in production, because they just would have been forced out again.
> Of course, they all could have gotten together and worked out a strategy
> between themselves, but that would have violated anti-trust laws here in
> the US.
>
> Getting low prices through competition in a free market is a really nice
> theory, but anyone who thinks that China is competing in a free market
> should do some hard thinking.
>

Walmart is just a stepping stone to Star*Mart. Lots of folks who are
watching dancing with the stars and shopping at walmart don't realize
what a force China has become with our help.