"Rod Speed" > wrote in message
...
> JoeSpareBedroom > wrote:
>> "Rod Speed" > wrote in message
>> ...
>>> JoeSpareBedroom > wrote:
>>>> "zxcvbob" > wrote in message
>>>> ...
>>>>> Brontide wrote:
>>>>>> On Jun 27, 11:29 am, Peeter > wrote:
>>>>>>> On Jun 27, 8:05 am, wrote:
>>>>>>> ------------------------------
>>>>>>> "Nice" report, but lousy "facts." China has no true regulatory
>>>>>>> agencies that would shut down their industries. China DOES have
>>>>>>> propaganda organizations that work overtime.
>>>>>>>
>>>>>>> ------------------------------
>>>>>>
>>>>>> Which is why we hear of a crackdown started in December only after
>>>>>> they were caught exporting illegal and toxic goods to the US for
>>>>>> consumption.
>>>>>>
>>>>>> -Eric
>>>>>>
>>>>>
>>>>>
>>>>> Maybe Walmart is putting some pressure on them. (think about it)
>>>
>>>> Good idea. But, I'm a cynic. My idea of pressure would be "We are
>>>> your biggest customer. We will be placing our own technicians in
>>>> your factories, along with our own armed security personnel. You
>>>> will be OK with that, right? Or, we'll collapse your economy by
>>>> next week."
>>>
>>> That last is pure fantasy.
>>>
>>>> Never happen, but it should.
>>>
>>> Not even possible on that last.
>
>> I've read the Wal Mart absorbs enough Chinese production to equal
>> everything they sell to their next 3 biggest *country* customers.
>
> Thats a pig ignorant lie, and even if it was true, it STILL couldnt
> collapse
> the chinese economy by next week anyway. Or next month either.
>
>> I think we could cause them a bit of pain for a while.
>
> Nope, because Walmart wouldnt do that, because it would have nothing to
> sell.
>
> They aint actually that stupid.
>
> Even Walmart has noticed that there isnt anywhere else they can get that
> volume from.


The Chinese place quite a bit of value on saving face. More important
sometimes than cash.