Home › Forums › Financial Markets/Economics › PIIGS R’ us?
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July 17, 2011 at 8:38 AM #711406July 17, 2011 at 8:38 AM #710193
Arraya
Participant[quote=CONCHO][quote=jpinpb]
So once again, I agree w/CAR. It was forced on us, leaving us few choices. [/quote]Was it forced on us or did we choose it? [/quote]
Like every other economic policy over the past 40 years, it was wrapped up in a nice shiny package with a yellow ribbon on it and when we opened it, it was not what we expected.
It would be a hard sell to say this plan will probably develop a permanent underclass(and hence, drive up welfare costs), drive up fuel costs and make a few very very wealthy, while giving everybody cheaper, poorly made products that break down quickly – that you will all buy with bubble money.
No for their grand finale, they will impose austerity and privatize everything throughout western nations – creating a larger underclass
July 17, 2011 at 8:38 AM #710291Participant[quote=CONCHO][quote=jpinpb]
So once again, I agree w/CAR. It was forced on us, leaving us few choices. [/quote]Was it forced on us or did we choose it? [/quote]
Like every other economic policy over the past 40 years, it was wrapped up in a nice shiny package with a yellow ribbon on it and when we opened it, it was not what we expected.
It would be a hard sell to say this plan will probably develop a permanent underclass(and hence, drive up welfare costs), drive up fuel costs and make a few very very wealthy, while giving everybody cheaper, poorly made products that break down quickly – that you will all buy with bubble money.
No for their grand finale, they will impose austerity and privatize everything throughout western nations – creating a larger underclass
July 17, 2011 at 8:38 AM #710890Participant[quote=CONCHO][quote=jpinpb]
So once again, I agree w/CAR. It was forced on us, leaving us few choices. [/quote]Was it forced on us or did we choose it? [/quote]
Like every other economic policy over the past 40 years, it was wrapped up in a nice shiny package with a yellow ribbon on it and when we opened it, it was not what we expected.
It would be a hard sell to say this plan will probably develop a permanent underclass(and hence, drive up welfare costs), drive up fuel costs and make a few very very wealthy, while giving everybody cheaper, poorly made products that break down quickly – that you will all buy with bubble money.
No for their grand finale, they will impose austerity and privatize everything throughout western nations – creating a larger underclass
July 17, 2011 at 8:38 AM #711044Participant[quote=CONCHO][quote=jpinpb]
So once again, I agree w/CAR. It was forced on us, leaving us few choices. [/quote]Was it forced on us or did we choose it? [/quote]
Like every other economic policy over the past 40 years, it was wrapped up in a nice shiny package with a yellow ribbon on it and when we opened it, it was not what we expected.
It would be a hard sell to say this plan will probably develop a permanent underclass(and hence, drive up welfare costs), drive up fuel costs and make a few very very wealthy, while giving everybody cheaper, poorly made products that break down quickly – that you will all buy with bubble money.
No for their grand finale, they will impose austerity and privatize everything throughout western nations – creating a larger underclass
July 17, 2011 at 8:38 AM #711401Participant[quote=CONCHO][quote=jpinpb]
So once again, I agree w/CAR. It was forced on us, leaving us few choices. [/quote]Was it forced on us or did we choose it? [/quote]
Like every other economic policy over the past 40 years, it was wrapped up in a nice shiny package with a yellow ribbon on it and when we opened it, it was not what we expected.
It would be a hard sell to say this plan will probably develop a permanent underclass(and hence, drive up welfare costs), drive up fuel costs and make a few very very wealthy, while giving everybody cheaper, poorly made products that break down quickly – that you will all buy with bubble money.
No for their grand finale, they will impose austerity and privatize everything throughout western nations – creating a larger underclass
July 17, 2011 at 9:05 AM #710208jpinpb
Participant[quote=AN]Jp and car might feel forced, because they’re ok with paying more for American made. However, the majority of the buying public disagree. I know I do. The majority of the stuff that are disposable, the cheaper the better. I guess when you’re the minority, it does feel forced.[/quote]
AN – I think you are missing the point. We live in a country that is supposed to be the best in the world, freedom and liberty and opportunity, etc. We should have the choice, the option to buy something that is better quality. I’m not saying that we should not have the choice to buy something made in China for people who do not have the money to buy something similar that is more expensive. At the same time, I do not want there to be no other option but to buy exclusively things made in China. Works both ways. And right now, trust me, the selection is few and far between. Check some labels if you don’t believe me.
And also, don’t kid yourself. Just b/c it’s MIC does not mean that it costs less. They are slipping in their cheaply made products and slapping a high price tag on it. I keep using the shoes as an example. Sorry. That’s the one that easily comes to mind. I happened to stop at DSW the other day and saw some Via Spiga shoes that said “designed in Italy.” But did some further checking and it was MIC, but the price tag was NOT cheap. It was not too long ago that brand was still made in Italy.
Again, if it’s not MIC, I can understand paying extra for quality. Not I’m paying extra for it to be MIC. If I want it, which I don’t so I refuse to buy it. (saving money – may be barefoot soon – lol)
July 17, 2011 at 9:05 AM #710306Participant[quote=AN]Jp and car might feel forced, because they’re ok with paying more for American made. However, the majority of the buying public disagree. I know I do. The majority of the stuff that are disposable, the cheaper the better. I guess when you’re the minority, it does feel forced.[/quote]
AN – I think you are missing the point. We live in a country that is supposed to be the best in the world, freedom and liberty and opportunity, etc. We should have the choice, the option to buy something that is better quality. I’m not saying that we should not have the choice to buy something made in China for people who do not have the money to buy something similar that is more expensive. At the same time, I do not want there to be no other option but to buy exclusively things made in China. Works both ways. And right now, trust me, the selection is few and far between. Check some labels if you don’t believe me.
And also, don’t kid yourself. Just b/c it’s MIC does not mean that it costs less. They are slipping in their cheaply made products and slapping a high price tag on it. I keep using the shoes as an example. Sorry. That’s the one that easily comes to mind. I happened to stop at DSW the other day and saw some Via Spiga shoes that said “designed in Italy.” But did some further checking and it was MIC, but the price tag was NOT cheap. It was not too long ago that brand was still made in Italy.
Again, if it’s not MIC, I can understand paying extra for quality. Not I’m paying extra for it to be MIC. If I want it, which I don’t so I refuse to buy it. (saving money – may be barefoot soon – lol)
July 17, 2011 at 9:05 AM #710905Participant[quote=AN]Jp and car might feel forced, because they’re ok with paying more for American made. However, the majority of the buying public disagree. I know I do. The majority of the stuff that are disposable, the cheaper the better. I guess when you’re the minority, it does feel forced.[/quote]
AN – I think you are missing the point. We live in a country that is supposed to be the best in the world, freedom and liberty and opportunity, etc. We should have the choice, the option to buy something that is better quality. I’m not saying that we should not have the choice to buy something made in China for people who do not have the money to buy something similar that is more expensive. At the same time, I do not want there to be no other option but to buy exclusively things made in China. Works both ways. And right now, trust me, the selection is few and far between. Check some labels if you don’t believe me.
And also, don’t kid yourself. Just b/c it’s MIC does not mean that it costs less. They are slipping in their cheaply made products and slapping a high price tag on it. I keep using the shoes as an example. Sorry. That’s the one that easily comes to mind. I happened to stop at DSW the other day and saw some Via Spiga shoes that said “designed in Italy.” But did some further checking and it was MIC, but the price tag was NOT cheap. It was not too long ago that brand was still made in Italy.
Again, if it’s not MIC, I can understand paying extra for quality. Not I’m paying extra for it to be MIC. If I want it, which I don’t so I refuse to buy it. (saving money – may be barefoot soon – lol)
July 17, 2011 at 9:05 AM #711059Participant[quote=AN]Jp and car might feel forced, because they’re ok with paying more for American made. However, the majority of the buying public disagree. I know I do. The majority of the stuff that are disposable, the cheaper the better. I guess when you’re the minority, it does feel forced.[/quote]
AN – I think you are missing the point. We live in a country that is supposed to be the best in the world, freedom and liberty and opportunity, etc. We should have the choice, the option to buy something that is better quality. I’m not saying that we should not have the choice to buy something made in China for people who do not have the money to buy something similar that is more expensive. At the same time, I do not want there to be no other option but to buy exclusively things made in China. Works both ways. And right now, trust me, the selection is few and far between. Check some labels if you don’t believe me.
And also, don’t kid yourself. Just b/c it’s MIC does not mean that it costs less. They are slipping in their cheaply made products and slapping a high price tag on it. I keep using the shoes as an example. Sorry. That’s the one that easily comes to mind. I happened to stop at DSW the other day and saw some Via Spiga shoes that said “designed in Italy.” But did some further checking and it was MIC, but the price tag was NOT cheap. It was not too long ago that brand was still made in Italy.
Again, if it’s not MIC, I can understand paying extra for quality. Not I’m paying extra for it to be MIC. If I want it, which I don’t so I refuse to buy it. (saving money – may be barefoot soon – lol)
July 17, 2011 at 9:05 AM #711416Participant[quote=AN]Jp and car might feel forced, because they’re ok with paying more for American made. However, the majority of the buying public disagree. I know I do. The majority of the stuff that are disposable, the cheaper the better. I guess when you’re the minority, it does feel forced.[/quote]
AN – I think you are missing the point. We live in a country that is supposed to be the best in the world, freedom and liberty and opportunity, etc. We should have the choice, the option to buy something that is better quality. I’m not saying that we should not have the choice to buy something made in China for people who do not have the money to buy something similar that is more expensive. At the same time, I do not want there to be no other option but to buy exclusively things made in China. Works both ways. And right now, trust me, the selection is few and far between. Check some labels if you don’t believe me.
And also, don’t kid yourself. Just b/c it’s MIC does not mean that it costs less. They are slipping in their cheaply made products and slapping a high price tag on it. I keep using the shoes as an example. Sorry. That’s the one that easily comes to mind. I happened to stop at DSW the other day and saw some Via Spiga shoes that said “designed in Italy.” But did some further checking and it was MIC, but the price tag was NOT cheap. It was not too long ago that brand was still made in Italy.
Again, if it’s not MIC, I can understand paying extra for quality. Not I’m paying extra for it to be MIC. If I want it, which I don’t so I refuse to buy it. (saving money – may be barefoot soon – lol)
July 17, 2011 at 10:51 AM #710213Scarlett
ParticipantThough I agree with JP, that yes, there should be the option to buy Made in US/Italy/etc, still, it’s all about profit for those name companies.
My DH thinks that the market for products NOT MIC is too small for those companies to be profitable. I would think that it shouldn’t be that small – but I’m not one of the marketing people for those companies.
July 17, 2011 at 10:51 AM #710311ParticipantThough I agree with JP, that yes, there should be the option to buy Made in US/Italy/etc, still, it’s all about profit for those name companies.
My DH thinks that the market for products NOT MIC is too small for those companies to be profitable. I would think that it shouldn’t be that small – but I’m not one of the marketing people for those companies.
July 17, 2011 at 10:51 AM #710910ParticipantThough I agree with JP, that yes, there should be the option to buy Made in US/Italy/etc, still, it’s all about profit for those name companies.
My DH thinks that the market for products NOT MIC is too small for those companies to be profitable. I would think that it shouldn’t be that small – but I’m not one of the marketing people for those companies.
July 17, 2011 at 10:51 AM #711064ParticipantThough I agree with JP, that yes, there should be the option to buy Made in US/Italy/etc, still, it’s all about profit for those name companies.
My DH thinks that the market for products NOT MIC is too small for those companies to be profitable. I would think that it shouldn’t be that small – but I’m not one of the marketing people for those companies.
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