Seeking Alpha

axelrod608 » Comments » Single Comment |

  • Wall Street Breakfast: Must-Know News [View article]
    >> "Can you believe how bad Chinese-made stuff is?.....pure junk" >>

    Don't blame the Chinese. It is Walmart, DollarTree and many, many other AMERICAN companies that are buying the crap and stocking their shelves with it. Worse, companies like Walmart keep sqeezing their suppliers - to make more profit - resulting in the makers cutting more and more corners.

    This is just another piece of the American/multinational corporate greed machine that will say, do or sell anything - no matter how shoddy or fraudulent - to make a buck.

    American financials solicit, buy, package and sell risky MBS's while other American companies rate them AAA. It is the financials' equivalent of soliciting cheap shoddy consumables, stocking stores with them and selling them to Americans with little or no sensibilities about what quality is.

    In the American and global economies, GREED is the factor driving all the deteriorating sectors.

    These days, to ignore the old Roman saying, "Let the buyer beware" is to risk getting taken. And it applies to stocks, real estate, retail and every other sector.
    Jun 17 11:55 am |Rating: +3 0
All Comments by axelrod608 »
Comments by Ticker
AA, AAI, AAP, AAPL, AAUKY.PK, AAV, ABAT, ABB, ABC, ABFS, ABK, ABT, ABWTQ.PK, ABX, ACAS, ACE, ACH, ACI, ACL, ACN, ACOR, ACPW, ACTS, ACV, ACWI, ADBE, ADCT, ADI, ADM, ADP, ADRE, ADS, ADSK, ADVNA, AEC, AEG, AEM, AEO, AES, AET, AETUF.PK, AFFX, AFL, AG, AGG, AGIBY.PK, AGO, AGP, AGU, AGZ,
axelrod608's
Comments Stats
630 comments
Rating: 1557 (2033 - 476 )