Gee, I wish Keady or Ms. Keady was still active on this board.
Wal-Mart became the largest company in America by hiring the otherwise
unemployable to sell mass-manufactured crap from China. Of COURSE it
didn't work in Germany. It won't work anywhere that people have a
societal obligation to their neighbor. Wal-Mart began in Arkansas &
mushroomed into every community that doesn't give two [EMAIL PROTECTED]@ about
its
fellow man.
To employ a worker in Germany, a company has to basically guarantee
that worker a meaningful job for life, a pension, and medical care. It
comes out to roughly $40.00 per worker per hour. What's the last
innovation that has come out of Europe? Volvo? Nestles?
Shopping at Wal-Mart is basically a zero-sum game. You get a low
price, but in return some poor guy in Malaysia is working for 30 cents
an hour, and some 70 year old is working for $5.50 to greet you as you
come in the store. Enjoy your visit, you pig.
--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
> --- In AsburyPark@yahoogroups.com, MarioAPNJ@ wrote:
> >
> > Looks like the Germans know how to resist at least some market
> forces:
> >
>
> Interesting. Wal-Mart couldn't compete on price. The price king food
> chain in Germany is Aldi. I noticed one of their stores on Rte 35 S
> near 33. I think I saw another one in Edison. Earlier this year I
> attended a seminar with a well-known economist who showed statistics
> that Wal-Mart, through is buying in China was responsible for 2% of
our
> trade deficit. That's amazing that one company could account for
such a
> percentage. I hear the schnitzel is great at Aldi.
>
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