|
Post by benoir on Dec 8, 2021 15:43:25 GMT -8
Nice action on the close… can we now have some sideways action. I think this is due recognition for 4 solid quarters.
|
|
Ted
fire starter
Posts: 892
|
Post by Ted on Dec 8, 2021 15:50:51 GMT -8
|
|
|
Post by benoir on Dec 8, 2021 16:06:57 GMT -8
We've already shipped millions of US jobs to China and spent trillions of USD on their cheap crap products (Gah, such crap!!). The biggest mistake the ‘rest of the world’ made was letting their supply chains erode, then evaporate. China’s manufacturing is so vertically integrated and so polished now. I remember someone from procurements in a large building contractor in AU tell me what he thought the problem was with Chinese quality. (And we all know China can ‘make’ a decent product…. It’s in your pocket) So, he said the problem is people front up in China and the first thing they say is “How much would it cost to….”. The Chinese then assume, “Well they obviously want cheap, so we’ll make it cheap.”. His solution was that the Chinese should be commissioned to produce prototypes until the quality/price point was established. Following that there is the issue of maintaining quality control. (Refer Chinese baby formula travesty). So yeah, we’ve all spent gazillions on cheap crap products. Gah, such crap indeed! The US is still compelling in terms of product design and development, M1 chips, Rivian, GOEV etc etc etc. And I think with the advent of automation there is a real opportunity to bring back manufacturing….if you can restore a robust supply chain. I don’t think this will bring the jobs back though, which is a problem. You need people with $$ in their pocket to buy all this shiny US made stuff, which will hopefully be less crappy on the whole.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,241
|
Post by JDSoCal on Dec 8, 2021 17:06:19 GMT -8
Hey as long as we blast past call walls, let the casino take all bets.
|
|