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Joined: Jan 2005
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OP
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Really hope this is a wake up call for companies to move supply chains out of China and into other countries. I have no faith it will happen however. They seemed to be ok with them stealing all the intellectual property.
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Campfire Tracker
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Campfire Tracker
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to say nothing about slave labor and work camps
.... like tears in the rain
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Joined: Sep 2011
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2011
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Really hope this is a wake up call for companies to move supply chains out of China and into other countries. I have no faith it will happen however. They seemed to be ok with them stealing all the intellectual property. Maybe. maybe not. Corporations are driven by profit, and rightly so it would seem. If their bean counters say they'll do better if they can weather the storm and rebuild with Chinese plants, instead of incurring the costs to move tooling and find trained labor, they're staying in China. Moving a factory is no small thing. Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Joined: Dec 2011
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Campfire Tracker
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As long as their merchandise can be sourced 0.1% cheaper in China, that's where it will come from.
China is stealing intellectual property? No big deal. Slave labor? Ditto.
Multinational companies care about one thing - their bottom line.
Imagine a corporate oligarchy so effective, so advanced and fine tuned that its citizens still call it a democracy.
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Joined: Jan 2005
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That's the sad part. Profit over country and countrymen
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Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
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Our big industrialists are great patriots and will most certainly move production back home. Even if it means they will make less money.
Either that or they would sell their mother for a tax break..........
I am MAGA.
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Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,893 Likes: 14 |
They have been moving back by the hundreds for a few months. Trump has informed them they will die on the vine. I heard about 50 came back in one day a week or two ago.
It's amazing what cutting off profits with tariffs can do for a company's patriotism.
Last edited by jaguartx; 03/15/20.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Campfire 'Bwana
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Campfire 'Bwana
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That's the sad part. Profit over country and countrymen Corporations aren't jingoistic. corporations are set up to make a profit and return dividends to the corporate owners (shareholders in most cases) Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Campfire 'Bwana
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Campfire 'Bwana
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They have been moving back by the hundreds for a few months. Trump has informed them they will die on the vine. I heard about 50 came back in one day a week or two ago. Have the factories been moved back yet? Or are these companies that can source material/product from other less evil countries and maybe even domestically? Which companies? Do you have a list so we can know who to support? Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
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Campfire Oracle
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Campfire Oracle
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The companies were moving out due to the cabal who were making China the new world kingpin.
We lost 67,000 mfg co under Zero. Many went to China. Remember GE leader, zeros bud, being appointed by Zero to keep US businesses going? Iirc, Jeffery inmelt or such. 3 mo later he moved their corporate offices and a lot of mfg to China.
Last edited by jaguartx; 03/15/20.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Nov 2003
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Campfire Ranger
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Campfire Ranger
Joined: Nov 2003
Posts: 28,411 |
Like the Avian and Swine flu scares this will blow over and business as usual will prevail.
Unless some sort or kind of Strategic Drug Reserves are mandated it will be business as usual.
Jmo
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
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Campfire Regular
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Campfire Regular
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They may not be coming back here,however, they are leaving China. This has been going on for a year. The outbreak in Wuhan certainly isn’t going to be helpful to the Chicoms. I expect it to speed up the process . GreggH
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Campfire 'Bwana
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Campfire 'Bwana
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The companies were moving out due to the cabal who were making China the new world kingpin. Which companies? Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
member of the cabal of dysfunctional squirrels?
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Campfire Ranger
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Campfire Ranger
Joined: Mar 2007
Posts: 24,404 Likes: 4 |
No, because if they had any brains it would have never happened in the first place
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Joined: May 2016
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Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
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People bitch about there being no jobs. Bitch about poor wages.
Also bitch about the stock market going down.
Sweat shops and poor wages are good for the stock market.
I am MAGA.
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Joined: Sep 2004
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Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
Really hope this is a wake up call for companies to move supply chains out of China and into other countries. I have no faith it will happen however. They seemed to be ok with them stealing all the intellectual property. Public reaction to this one is at a pretty bad level, it is only going to get worse. This is much much more intense then past snafu's by the Chinese Communists. They know it , that is why they are trying to and failing at the spin. No one believes them.
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Joined: Dec 2005
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2005
Posts: 40,179 |
Cheap labor will win the day
Son of a liberal: " What did you do in the War On Terror, Daddy?"
Liberal father: " I fought the Americans, along with all the other liberals."
MOLON LABE
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Campfire 'Bwana
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Campfire 'Bwana
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Thanks for the links. Geno
The desert is a true treasure for him who seeks refuge from men and the evil of men. In it is contentment In it is death and all you seek (Quoted from "The Bleeding of the Stone" Ibrahim Al-Koni)
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Campfire Sage
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Campfire Sage
Joined: Jun 2002
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Yes. Nixon did us no favor vis a vis China.
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