[geeks] Wal-Mart

[Sandwich Maker]

" Date: Fri, 30 Nov 2007 13:55:43 +0900
" From: kevin marshall <kevin at pipeline.com>
" 
" 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.

walmart is china's largest trading parter.  bigger than any country
except ours, and i'm sure that's only because they're in it.  iirc
~10% of all china's exports?

sam walton must be spinning in his grave fast enough to catch fire.

" 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).

add to this fair import tarriffs, and 'buy american' could start to be
the cheaper alternative...
________________________________________________________________________
Andrew Hay                                  the genius nature
internet rambler                            is to see what all have seen
adh at an.bradford.ma.us                       and think what none thought