[geeks] Wal-Mart

[kevin marshall]

As for Walmart's pricing.  I'd estimate that a huge amount of their 
merchandise comes from China and with heavy pressure from the US for 
China to do a few things to curb "market distortion", you may well see 
all items at Walmart go up in price.

China has just recently agreed to put an end to significant tax breaks 
given to it's own manufactures in or to equalize things a bit.  If this 
ACTUALLY happens, you will certainly see some prices increase.

If China ever accurately revalued their currency, everything at Walmart 
would instantly go up $10 or so (just an estimate, but it would be a 
significant number).

/KRM



der Mouse wrote:
>> However, I really don't find Wal-Mart to be that much cheaper, and in
>> some cases, they cost more than other stores.
> 
>> Now that they've eliminated everyone else, it seems to me some of
>> their prices are creeping up.
> 
> Seems?  I thought that was known to be a standard tactic of theirs:
> sell cheap (at a loss if necessary) until competition has been driven
> out of business, then gouge as much as they can get away with.
> 
> Walmart is evil, evil, evil, and I would rather do without than buy
> from them.  Even basic necessities like food - I'd move before I'd shop
> there if they became the only grocery store in the neighbourhood.
> 
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