Shorting Baidu Easier than Shooting Fish in a Barrel [View article]
That's why you should buy into China and deflation. :) Make some money from the same fools who bought subprime CDO's.
On Jul 21 04:09 PM bobbobwhite wrote:
> I know about China, especially its grey market. A guy I know buys > Tiffany knockoffs that retail at $130, targeted to the 16-25 female > demographic. He has them made for $8 in China, right down to the > Tiffany trademark, and sells them for under $30. Showed me one and > compared it directly to the original and it looks 98% as good; few > could tell the difference. He orders them by the gross and can't > keep them in stock. Lots of "trade" shows, flea markets, pawnshops > and the like sell tons of grey market stuff made in China. Check > any jewelry your daughter owns made by Tiffany...good chance it is > a Chinese knockoff unless she bought it direct from Tiffany. And > even then...............who knows? > > Yes, China is as bad as the Russian mafia. China cares nothing about > law, patents, or legal rights. What an indictment of the communist > rule there....and we are supposed to respect its growth, much of > which is by illegal means? China will never get any of my investment > money.
Shorting Baidu Easier than Shooting Fish in a Barrel [View article]
On Jul 21 04:09 PM bobbobwhite wrote:
> I know about China, especially its grey market. A guy I know buys
> Tiffany knockoffs that retail at $130, targeted to the 16-25 female
> demographic. He has them made for $8 in China, right down to the
> Tiffany trademark, and sells them for under $30. Showed me one and
> compared it directly to the original and it looks 98% as good; few
> could tell the difference. He orders them by the gross and can't
> keep them in stock. Lots of "trade" shows, flea markets, pawnshops
> and the like sell tons of grey market stuff made in China. Check
> any jewelry your daughter owns made by Tiffany...good chance it is
> a Chinese knockoff unless she bought it direct from Tiffany. And
> even then...............who knows?
>
> Yes, China is as bad as the Russian mafia. China cares nothing about
> law, patents, or legal rights. What an indictment of the communist
> rule there....and we are supposed to respect its growth, much of
> which is by illegal means? China will never get any of my investment
> money.