Home › Forums › Financial Markets/Economics › BUY AMERICAN (avoid that made in China)
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July 22, 2010 at 2:26 PM #582387July 25, 2010 at 9:15 AM #582300briansd1Guest
My Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
July 25, 2010 at 9:15 AM #582391briansd1GuestMy Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
July 25, 2010 at 9:15 AM #582925briansd1GuestMy Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
July 25, 2010 at 9:15 AM #583031briansd1GuestMy Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
July 25, 2010 at 9:15 AM #583333briansd1GuestMy Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
July 25, 2010 at 10:26 AM #582314ArrayaParticipant[quote=Zeitgeist](translated from the Mandarin language)
“During the late stages of the 20th century, governments in the western world pursued a number of false economic doctrines which ultimately led to their demise. In particular, they accumulated massive amounts of debt without regard to the consequences of this strategy. In an attempt to extend western hegemony on a global basis, they over extended themselves and the massive debt load ultimately resulted in the US dollar collapsing as the fiat currency of the world.”“Western governments also encouraged decadence on behalf of their citizens and facilitated the expansion of personal credit in an attempt to inflate the standard of living of their citizens. Western culture over time weakened the work ethic of the populace and in effect stripped its citizens of their ability to self sustain in even basic areas such as food production.”
“The ultimate down fall however came about through the false doctrine of globalization. Through this practice, our glorious nation was provided with the opportunity to acquire resources, technology and know how without compromising our founding values of the state. The strength of our glorious PRC constitution (over 460 years old) provided us with the insightfulness to work within the flawed western legal system to acquire technology, know how and resources. If only the western powers had understood the works of Sun Tzu and Lau Tzu, they would have correctly understood our glorious way. Like many cultures and civilizations of the past, the western world failed to realize that warfare had evolved. It had evolved to the economic realm, which ultimately allowed our great nation to overtake the western world.”
from an unknown author[/quote]
These were not false doctrines, zeit. Top policy makers knew what they were doing. Well maybe not the policy makers, but the people that funded the think tanks which policy makers signed on to. Many westerners have become and will continue to become much wealthier from these decisions as their native populations fall into poverty. China will feel superior, average americans will be denigrated as stupid and lazy and the financiers will laugh all the way to the bank as we fight amongst ourselves.
I highly doubt they will pull of the transition of dropping the west down to third world status, bankrupting the states and buying all their assets via austerity and building up Asia without it blowing up in their faces and causing world wide unrest. But who knows, maybe the will pull it off.
July 25, 2010 at 10:26 AM #582406ArrayaParticipant[quote=Zeitgeist](translated from the Mandarin language)
“During the late stages of the 20th century, governments in the western world pursued a number of false economic doctrines which ultimately led to their demise. In particular, they accumulated massive amounts of debt without regard to the consequences of this strategy. In an attempt to extend western hegemony on a global basis, they over extended themselves and the massive debt load ultimately resulted in the US dollar collapsing as the fiat currency of the world.”“Western governments also encouraged decadence on behalf of their citizens and facilitated the expansion of personal credit in an attempt to inflate the standard of living of their citizens. Western culture over time weakened the work ethic of the populace and in effect stripped its citizens of their ability to self sustain in even basic areas such as food production.”
“The ultimate down fall however came about through the false doctrine of globalization. Through this practice, our glorious nation was provided with the opportunity to acquire resources, technology and know how without compromising our founding values of the state. The strength of our glorious PRC constitution (over 460 years old) provided us with the insightfulness to work within the flawed western legal system to acquire technology, know how and resources. If only the western powers had understood the works of Sun Tzu and Lau Tzu, they would have correctly understood our glorious way. Like many cultures and civilizations of the past, the western world failed to realize that warfare had evolved. It had evolved to the economic realm, which ultimately allowed our great nation to overtake the western world.”
from an unknown author[/quote]
These were not false doctrines, zeit. Top policy makers knew what they were doing. Well maybe not the policy makers, but the people that funded the think tanks which policy makers signed on to. Many westerners have become and will continue to become much wealthier from these decisions as their native populations fall into poverty. China will feel superior, average americans will be denigrated as stupid and lazy and the financiers will laugh all the way to the bank as we fight amongst ourselves.
I highly doubt they will pull of the transition of dropping the west down to third world status, bankrupting the states and buying all their assets via austerity and building up Asia without it blowing up in their faces and causing world wide unrest. But who knows, maybe the will pull it off.
July 25, 2010 at 10:26 AM #582940ArrayaParticipant[quote=Zeitgeist](translated from the Mandarin language)
“During the late stages of the 20th century, governments in the western world pursued a number of false economic doctrines which ultimately led to their demise. In particular, they accumulated massive amounts of debt without regard to the consequences of this strategy. In an attempt to extend western hegemony on a global basis, they over extended themselves and the massive debt load ultimately resulted in the US dollar collapsing as the fiat currency of the world.”“Western governments also encouraged decadence on behalf of their citizens and facilitated the expansion of personal credit in an attempt to inflate the standard of living of their citizens. Western culture over time weakened the work ethic of the populace and in effect stripped its citizens of their ability to self sustain in even basic areas such as food production.”
“The ultimate down fall however came about through the false doctrine of globalization. Through this practice, our glorious nation was provided with the opportunity to acquire resources, technology and know how without compromising our founding values of the state. The strength of our glorious PRC constitution (over 460 years old) provided us with the insightfulness to work within the flawed western legal system to acquire technology, know how and resources. If only the western powers had understood the works of Sun Tzu and Lau Tzu, they would have correctly understood our glorious way. Like many cultures and civilizations of the past, the western world failed to realize that warfare had evolved. It had evolved to the economic realm, which ultimately allowed our great nation to overtake the western world.”
from an unknown author[/quote]
These were not false doctrines, zeit. Top policy makers knew what they were doing. Well maybe not the policy makers, but the people that funded the think tanks which policy makers signed on to. Many westerners have become and will continue to become much wealthier from these decisions as their native populations fall into poverty. China will feel superior, average americans will be denigrated as stupid and lazy and the financiers will laugh all the way to the bank as we fight amongst ourselves.
I highly doubt they will pull of the transition of dropping the west down to third world status, bankrupting the states and buying all their assets via austerity and building up Asia without it blowing up in their faces and causing world wide unrest. But who knows, maybe the will pull it off.
July 25, 2010 at 10:26 AM #583046ArrayaParticipant[quote=Zeitgeist](translated from the Mandarin language)
“During the late stages of the 20th century, governments in the western world pursued a number of false economic doctrines which ultimately led to their demise. In particular, they accumulated massive amounts of debt without regard to the consequences of this strategy. In an attempt to extend western hegemony on a global basis, they over extended themselves and the massive debt load ultimately resulted in the US dollar collapsing as the fiat currency of the world.”“Western governments also encouraged decadence on behalf of their citizens and facilitated the expansion of personal credit in an attempt to inflate the standard of living of their citizens. Western culture over time weakened the work ethic of the populace and in effect stripped its citizens of their ability to self sustain in even basic areas such as food production.”
“The ultimate down fall however came about through the false doctrine of globalization. Through this practice, our glorious nation was provided with the opportunity to acquire resources, technology and know how without compromising our founding values of the state. The strength of our glorious PRC constitution (over 460 years old) provided us with the insightfulness to work within the flawed western legal system to acquire technology, know how and resources. If only the western powers had understood the works of Sun Tzu and Lau Tzu, they would have correctly understood our glorious way. Like many cultures and civilizations of the past, the western world failed to realize that warfare had evolved. It had evolved to the economic realm, which ultimately allowed our great nation to overtake the western world.”
from an unknown author[/quote]
These were not false doctrines, zeit. Top policy makers knew what they were doing. Well maybe not the policy makers, but the people that funded the think tanks which policy makers signed on to. Many westerners have become and will continue to become much wealthier from these decisions as their native populations fall into poverty. China will feel superior, average americans will be denigrated as stupid and lazy and the financiers will laugh all the way to the bank as we fight amongst ourselves.
I highly doubt they will pull of the transition of dropping the west down to third world status, bankrupting the states and buying all their assets via austerity and building up Asia without it blowing up in their faces and causing world wide unrest. But who knows, maybe the will pull it off.
July 25, 2010 at 10:26 AM #583349ArrayaParticipant[quote=Zeitgeist](translated from the Mandarin language)
“During the late stages of the 20th century, governments in the western world pursued a number of false economic doctrines which ultimately led to their demise. In particular, they accumulated massive amounts of debt without regard to the consequences of this strategy. In an attempt to extend western hegemony on a global basis, they over extended themselves and the massive debt load ultimately resulted in the US dollar collapsing as the fiat currency of the world.”“Western governments also encouraged decadence on behalf of their citizens and facilitated the expansion of personal credit in an attempt to inflate the standard of living of their citizens. Western culture over time weakened the work ethic of the populace and in effect stripped its citizens of their ability to self sustain in even basic areas such as food production.”
“The ultimate down fall however came about through the false doctrine of globalization. Through this practice, our glorious nation was provided with the opportunity to acquire resources, technology and know how without compromising our founding values of the state. The strength of our glorious PRC constitution (over 460 years old) provided us with the insightfulness to work within the flawed western legal system to acquire technology, know how and resources. If only the western powers had understood the works of Sun Tzu and Lau Tzu, they would have correctly understood our glorious way. Like many cultures and civilizations of the past, the western world failed to realize that warfare had evolved. It had evolved to the economic realm, which ultimately allowed our great nation to overtake the western world.”
from an unknown author[/quote]
These were not false doctrines, zeit. Top policy makers knew what they were doing. Well maybe not the policy makers, but the people that funded the think tanks which policy makers signed on to. Many westerners have become and will continue to become much wealthier from these decisions as their native populations fall into poverty. China will feel superior, average americans will be denigrated as stupid and lazy and the financiers will laugh all the way to the bank as we fight amongst ourselves.
I highly doubt they will pull of the transition of dropping the west down to third world status, bankrupting the states and buying all their assets via austerity and building up Asia without it blowing up in their faces and causing world wide unrest. But who knows, maybe the will pull it off.
July 25, 2010 at 11:23 AM #582335CoronitaParticipant[quote=briansd1]My Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
[/quote]
Well, folks really don’t want american goods…What they really want is goods that cost a fortune overseas but are cheap(er) here in the U.S.
Because we are Consumerica, high end goods still cost considerably less than overseas, I guess because a lot of the companies end up “dumping” products in the U.S. for a lot les than elsewhere, including electronics…So it’s not uncommon for folks that come from asia to go on a shopping spree here and take stuff back….I had a friend from TW who wanted me to buy a designer bags from here and bring it back because it the price difference is about 35%… I have another friend who purchases about 3 E90 M3’s spread out over a year and half, drives them for a few months and puts about 2000 miles on them, and ships them back to Taiwan to resell..even after freight, customs, etc, he still comes out ahead. about $10k per car. :(partly because he has a connection in a shipping company….As you can imagine, freight going outbound from U.S. to overseas is much cheaper than reverse, because the cargo vessels are a lot emptier going from U.S. to asia than the other way around…So he gets pretty good rates…That in itself should be pretty telling about the state of our trade….Usually the cars go back along with containers containing recyclable trash…)
There’s really no point giving “gifts” anymore, even if there ornamental/etc…Most of the crap is made in china anyway. All those touristy souveniors are most likely made in PRC…even the post cards.
July 25, 2010 at 11:23 AM #582426CoronitaParticipant[quote=briansd1]My Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
[/quote]
Well, folks really don’t want american goods…What they really want is goods that cost a fortune overseas but are cheap(er) here in the U.S.
Because we are Consumerica, high end goods still cost considerably less than overseas, I guess because a lot of the companies end up “dumping” products in the U.S. for a lot les than elsewhere, including electronics…So it’s not uncommon for folks that come from asia to go on a shopping spree here and take stuff back….I had a friend from TW who wanted me to buy a designer bags from here and bring it back because it the price difference is about 35%… I have another friend who purchases about 3 E90 M3’s spread out over a year and half, drives them for a few months and puts about 2000 miles on them, and ships them back to Taiwan to resell..even after freight, customs, etc, he still comes out ahead. about $10k per car. :(partly because he has a connection in a shipping company….As you can imagine, freight going outbound from U.S. to overseas is much cheaper than reverse, because the cargo vessels are a lot emptier going from U.S. to asia than the other way around…So he gets pretty good rates…That in itself should be pretty telling about the state of our trade….Usually the cars go back along with containers containing recyclable trash…)
There’s really no point giving “gifts” anymore, even if there ornamental/etc…Most of the crap is made in china anyway. All those touristy souveniors are most likely made in PRC…even the post cards.
July 25, 2010 at 11:23 AM #582960CoronitaParticipant[quote=briansd1]My Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
[/quote]
Well, folks really don’t want american goods…What they really want is goods that cost a fortune overseas but are cheap(er) here in the U.S.
Because we are Consumerica, high end goods still cost considerably less than overseas, I guess because a lot of the companies end up “dumping” products in the U.S. for a lot les than elsewhere, including electronics…So it’s not uncommon for folks that come from asia to go on a shopping spree here and take stuff back….I had a friend from TW who wanted me to buy a designer bags from here and bring it back because it the price difference is about 35%… I have another friend who purchases about 3 E90 M3’s spread out over a year and half, drives them for a few months and puts about 2000 miles on them, and ships them back to Taiwan to resell..even after freight, customs, etc, he still comes out ahead. about $10k per car. :(partly because he has a connection in a shipping company….As you can imagine, freight going outbound from U.S. to overseas is much cheaper than reverse, because the cargo vessels are a lot emptier going from U.S. to asia than the other way around…So he gets pretty good rates…That in itself should be pretty telling about the state of our trade….Usually the cars go back along with containers containing recyclable trash…)
There’s really no point giving “gifts” anymore, even if there ornamental/etc…Most of the crap is made in china anyway. All those touristy souveniors are most likely made in PRC…even the post cards.
July 25, 2010 at 11:23 AM #583066CoronitaParticipant[quote=briansd1]My Chinese-American friends tell me that when going back to China, cheap American gifts won’t do anymore.
They have to buy expensive Japanese gifts such as Sisheido cosmetics or French perfume.
What gifts to bring to a nation that makes everything?
When Chinese Americans visit family and friends in their homeland, gifts from the U.S. are a must. But TVs and fashionable clothes aren’t rare anymore, and anything ‘Made in China’ won’t do.http://www.latimes.com/news/local/la-me-chinese-gifts-20100725,0,4582908.story
[/quote]
Well, folks really don’t want american goods…What they really want is goods that cost a fortune overseas but are cheap(er) here in the U.S.
Because we are Consumerica, high end goods still cost considerably less than overseas, I guess because a lot of the companies end up “dumping” products in the U.S. for a lot les than elsewhere, including electronics…So it’s not uncommon for folks that come from asia to go on a shopping spree here and take stuff back….I had a friend from TW who wanted me to buy a designer bags from here and bring it back because it the price difference is about 35%… I have another friend who purchases about 3 E90 M3’s spread out over a year and half, drives them for a few months and puts about 2000 miles on them, and ships them back to Taiwan to resell..even after freight, customs, etc, he still comes out ahead. about $10k per car. :(partly because he has a connection in a shipping company….As you can imagine, freight going outbound from U.S. to overseas is much cheaper than reverse, because the cargo vessels are a lot emptier going from U.S. to asia than the other way around…So he gets pretty good rates…That in itself should be pretty telling about the state of our trade….Usually the cars go back along with containers containing recyclable trash…)
There’s really no point giving “gifts” anymore, even if there ornamental/etc…Most of the crap is made in china anyway. All those touristy souveniors are most likely made in PRC…even the post cards.
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