Yep, except for one thing. When the only people who are making money, work in the downsized offices of major corporations that make nothing in North America, and everyone else is out of work or working at McDonalds, even Walmart won't be able to get prices low enough. Without manufacturing in our countries, no one will have any money to spend. You can't be a country of service businesses and have a healthy economy. And do you know the other reason Walmart has those low low prices? They have the power to squeeze the life out of supplier when it comes to price. I know a few local manufacturing companies that refuse to sell to Walmart because of their pricing requirements. They are in every other retailer but not Walmart. In their opinion, it is better to sell slightly less and hold your margin, than to sell more volume at almost breakeven. Less of manufacturing, expenses, labour, for more money and you don't have to bow to the Hitler-like rules Walmart sets out. F**k Walmart!
Heck, that melamine tragedy that killed and hospitalized hundreds or thousands of Chinese babies shows you what kind of lawless third world country we are dealing with. I can't believe that the lemmings that are Americans and Canadians are so stupid to as to tolerate that kind of business model no matter how cheap the goods are. Hope Obama taxes the Sh!t out of any company that has factories outside NAFTA. Might help. Na, a good case of Darwinism is at work here. We need to weed out the dead wood, sense of entitlement and shat work ethic in North America.
Sorry for the OT. I'm done now.
D.