Quote:
Originally Posted by Jesus H Christ
You completely missed the point. The US is a dumping ground for anything produced in China as they sell their products slightly above cost here as the rest of the world, (Germany) pays 20-30% more and where China makes their true profits. Meaning, we are at the wholesale level comparatively because of how much we buy.
If Americans stop buying, production costs go up and so does the end product. If this goes up China produces less, their economy deflates, and makes them more vulnerable to competition pricing through cheaper labor elsewhere.
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a) how do you know everyone else pays more for chinese products? did you make a market research?
b) you can't afford to put import taxes on chinese products. your lower and middle class can't afford it.
it always reminds me of this cartoon
