I am feeling you on that one FLU. Great, the computer only costs $500, but it is only gonna last me till 1 day after the 6 month warrenty ends.
Why is it that every company seems to scream from the highest mountain top all about how they source in China. There stuff sucks, even if it is cheap. And Wall street seems to reward them for this. What a load of crap. It is like a buzz word to investors.
Wall Street: “WHat are you doing to keep costs down?”
Company: “China”
Stock price goes up 5%
Wall street: “what are you doing to expand?”
Company: “China”
Stock pice goes up 5%
Wall Street “what is the future of your company?”
Company: “China”
Stock price goes up 5%
Customers: “Why is this new widget such a piece?”
Wall Street: “ask the company”
Company: “tough markets means that nonvital secotors such as Research, Quality control and Customer service have been hurt yada yada yada….”
Real Reason : “China”.
Stock price doesnt move an inch.
All I have to say is that the day the yuan isnt dollar pegged is the day before alot of senior managers are gonna be on the hot seat as the quality went out the window, the customers are pissed, and the shit ante cheap anymore. Notice how the whole currency adjustment thing for China went out the window with the current downturn?
Wall Street to Fed: “What are you doing to control inflation?”
Fed: “China”
