They are going to piss away all that money unwisely and China will never catch up to the USA for this reason. Our munchkins will figure out a way to get that money back without it going to pay national debt. Their munchkins (except the few favored ones at the top) will come here and join ours.
Originally posted by AThousandYoung They are going to piss away all that money unwisely and China will never catch up to the USA for this reason. Our munchkins will figure out a way to get that money back without it going to pay national debt. Their munchkins (except the few favored ones at the top) will come here and join ours.
Take a Toyota Camry, remove the Toyota badge, replace it with a Lexus badge, add $10K to the price, and wait.
A sucker will waltz onto the lot and buy.
Put a BMW logo on a car, and all manner of fools will pay a premium. I don't really know why. The cars don't really have much more (and in some cases less) than your average Nissan Altima, say, but boobs lap them up. I honestly can't tell the difference between BMWs and Audis until I can see the logo.
We could probably sell them jewelry and clothes made in their own sweatshops by their own people for fifty times the cost of manufacture without ever being physically involved in any part of the process.
Originally posted by AThousandYoung We could probably sell them jewelry and clothes made in their own sweatshops by their own people for fifty times the cost of manufacture without ever being physically involved in any part of the process.
That's genius.
That's even better than the people that sell Americans a bottle of water for 2 dollars.
New China: The trivializing power of money
08 Jun '11 10:06
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