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Old 07-06-2010, 07:25 PM   #9
mikij
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mikij doesn't littermikij doesn't litter
 
Posts: 98
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Join Date: May 2010
Location: Quebec, Canada
Device: PRS-600
Since 4 or five years I speak to the people that Chinese and Indians will not wait forever to increase their living standard. So the business will come back here.
There is, however, another problem: the profits. Since manufacturing went to China, did the prices decrease (just look the pair of Nikes as example)? NO! But profits increased by tens of times.
Just by doing the things with a decent profit (like 10 or 20%), it won't be important where something is produced. But no, the bosses are not satisfied with 30%, they want 300%. That's the reason why we pay a lot of money for the things that cost almost nothing.
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