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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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to say nothing about slave labor and work camps


.... like tears in the rain
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Originally Posted by elelbean
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)

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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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That's the sad part. Profit over country and countrymen

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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..........


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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.

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".

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Originally Posted by elelbean
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)

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Originally Posted by jaguartx
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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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".

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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


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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 .
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Originally Posted by jaguartx
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)

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No, because if they had any brains it would have never happened in the first place

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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.


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https://www.cnbc.com/2019/09/01/trump-ordered-us-firms-to-ditch-china-but-many-already-have.html

https://asia.nikkei.com/Spotlight/M...nufacturing-exodus-as-50-companies-leave

https://www.usatoday.com/story/mone...ging-most-jobs-back-to-america/36438051/

This is why the left and DNC fought tooth and nail to stop Trumps USMCA TRADE DEAL. THEY HAD SOLD US OUT TO CHINA.

As I said before, Feinstein and Piglosi sold out for millions a long time ago. Bill sold out for Chinagate. Hunter Biden sold out for Joe for a $1 billion deal. Hillary had open computers for them. She wasnt hacked. She sold us out on purpose. That's why she had to bleach 33,000 emails. Trump has the goods on her. That's why he said shed be in jail. That's why she said if that bastard won they would all hang. Feinstein knew for 20 years her office mgr was a spy. Said he was a driver.

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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Originally Posted by elelbean
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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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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Originally Posted by jaguartx
https://www.cnbc.com/2019/09/01/trump-ordered-us-firms-to-ditch-china-but-many-already-have.html

https://asia.nikkei.com/Spotlight/M...nufacturing-exodus-as-50-companies-leave

https://www.usatoday.com/story/mone...ging-most-jobs-back-to-america/36438051/

This is why the left and DNC fought tooth and nail to stop Trumps USMCA TRADE DEAL. THEY HAD SOLD US OUT TO CHINA.

As I said before, Feinstein and Piglosi sold out for millions a long time ago. Bill sold out for Chinagate. Hunter Biden sold out for Joe for a $1 billion deal. Hillary had open computers for them. She wasnt hacked. She sold us out on purpose. That's why she had to bleach 33,000 emails. Trump has the goods on her. That's why he said shed be in jail. That's why she said if that bastard won they would all hang. Feinstein knew for 20 years her office mgr was a spy. Said he was a driver.


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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Yes. Nixon did us no favor vis a vis China.


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