How China is winning with the "Oldest game in Capitalism".

Discussion in 'Economy' started by rdean, Oct 5, 2010.

  1. rdean
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    rdean Guest

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    Start off with something that costs a dollar.

    Sell it for 50 cents.

    Drive all competitors out of the market.

    Raise the price to $5.00.

    Some call that "just business".

    In this country, it's called "Illegal".

    When China does it, it's called "Good business".

    Drywall
    Cat food
    Glass
    Rare earths
    iPods
    baby formula
    furniture

    Since they are the only ones left, you have to take what they give. Even if it comes with poison.
     
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Capitalism is about competing away extraordinary returns.

    If China tries to sell sweat socks for $15 each, they will get produced elsewhere.
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    I remember when Japan was supposed to have taken over the world by now
     
  4. rdean
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    rdean Guest

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    China has more resources. Do some research on "rare earths". Just kidding.

    I know it's not going to happen. I just had to say it.
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    1 -2 -3 4!

    [ame=http://www.youtube.com/watch?v=QZsppOw2Mxk]YouTube - I Just Want to Celebrate - Rare Earth[/ame]
     
  6. FireFly
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    FireFly Bright F**ker

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    You are clueless dude!

    China wins because they do not abide by American laws. They pollute, exploit workers, manipulate currency & steal technology. In the past month Coca Cola has stated it is no longer an American company & is investing heavily in China. Caterpillar & HP are also investing Hundreds of Billions in China.
     
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  7. loosecannon
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    loosecannon Senior Member

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    actually he was on the money. Japan did the same shit for decades. Microchips being one market they dumped product into that made headlines 15 years ago.
     
  8. uscitizen
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    uscitizen Senior Member

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    Hey you left out that we get about 25% of the ingredients we make prescription medicine with from China.
     
  9. uscitizen
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    uscitizen Senior Member

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    In other words a business/republican paradise?
     
  10. loosecannon
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    loosecannon Senior Member

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    lol!
     

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