White men selling slapped on labels on Chinese made products to make grotesque profits is over

The USA and the West are now at the crossroads of realizing that the days of making money outsourcing manufacturing and then profiting from products by just attaching a label to sell with exorbitant markups is now over. They can try to enact the same trick by investing in India, which some are in fact doing and also finding out India is a different kettle of fish compared to China.

First was motor vehicle manufacturing shifting production to take advantage of cheap labor and the huge Chinese market, which was highly profitable for the West. EVs killed that goose that laid the golden eggs.

Then there was the Chinese factor, said to be making junks, now also discovered to be making products for the big brands of the USA and the West, also profiting from label slapping but not the making of the products which actually came from Chinese factories. The exposure by Chinese factories killed the prestigious names that had been gouging unsuspecting buyers at the top end market of handbags and watches. The fairy tale era of harnessing big profits has also ended. Just how stupid can some human buyers be by still saying they are willing to pay a premium just for buying the label, costing a couple of bucks, and not the value of the bag or watch.

Just goes to show how brainwashing and propaganda can dull the mind is just astonishing.


Anonymous