Luxe attack for China

[Alpha Femme]

No offence, but you clearly are not an economist. The principal of market failure is probably the second thing an economics class would teach, after markets themsevles. You seem to be using a lot of economic arguments without really understanding what they are, which is making your reasoning very weak.

I do take offense, because you are not elaborating the weakness in my post. I was simply giving an example of what a free market is. You can read all you want in books and think you know what it is, but you are dead wrong. Can you also please tell me what it is I DON'T understand???? Market = when two parties agrees on a price for a specific commodity (anything you can set a price on). And I did not take that out of a book....

 

[Alpha Femme]

not to mention that she sounds like she is stuck in some cold war bible belt mode of thinking.

We are talking about free markets, what does cold war have to do with it?
Socialism and communism are and will forever be a failure

 

[PrinceOfCats]

I do take offense, because you are not elaborating the weakness in my post. I was simply giving an example of what a free market is. You can read all you want in books and think you know what it is, but you are dead wrong. Can you also please tell me what it is I DON'T understand???? Market = when two parties agrees on a price for a specific commodity (anything you can set a price on). And I did not take that out of a book....

If you want to be offensive with your 'books' spiel then here you go: the reason I didn't point out the weaknesses in your post is because ...>....edited for rude remark....< that I don't really feel the need to give it the oxygen of a reasoned reply.

*wow, great reasoning did it take you hours of speculation your highness?

 

[Alpha Femme]

If you want to be offensive with your 'books' spiel then here you go: the reason I didn't point out the weaknesses in your post is because >>edited as above<<I don't really feel the need to give it the oxygen of a reasoned reply.

well well, I guess there was no weakness in my post since you don't have the argument to defend your own weakness in the matter.

 

[PrinceOfCats]

well well, I guess there was no weakness in my post since you don't have the argument to defend your own weakness in the matter.

Perhaps I didn't make myself clear - I do 'have the argument' I just have no wish to share it ...

*...edited ...again

 

[kit]

Perhaps I didn't make myself clear - I do 'have the argument' I just have no wish to share it ..*edited as above

Prince , Prince , Prince , lighten up please . I cannot sleep and bad vibes are unneccessary in the still of the night .

We all seem to be on edge tonight , for some undefinable reason .

I'd pray for you if I had a hot line to God , but since I'm not one of the God -Squad , let's compromise with a few beautiful thoughts of flowers , nightingales and gently sleeping Burmese cats , full to the brim of Ocean Fish .

 

[Alpha Femme]

Perhaps I didn't make myself clear - I do 'have the argument' I just have no wish to share it ...e.d.i.t.e.d. as above jeeeezz .

Speak for yourself, you are the one attacking my post originally and now you are backing out. Afraid that your "intellectual" mind can't handle the truth ? .

 

[orlem]

Won't this bring up ethical considerations for some of the designers who are politically conscious? What if Comme des Garcons, Dries van Noten, etc. set up stores in China -- wouldn't that be very hypocritical considering their natures?

 

[Spacemiu]

The socialistic european countries will fall on their own merits of promoting couch potatoes and non productive thinking to preserve their political seats. After years of buying their seats in power by promising welfare for the masses it will ultimately bankrupt their future. How do you expect for example, Germany to compete with China, India or Korea in shipbuilding, car manufacturing and other heavy industries with 5 weeks paid vacation and 35 hour work week?

Couch potatoes??? I seriously hope you do not think people on welfare are all coach potatoes

 

[Lena]

not to mention that she sounds like she is stuck in some cold war bible belt mode of thinking.

look guys, this is a free forum where members can discuss even if they are non specialists.. who's the economist here anyway?
cause all i see is a bunch of kids with REAL big mouths


once again,personal criticism and rude posts will be edited as soon as they appear.
i wont ask you to appologise to Alpha Femme (who you all started attacking at ONCE) but either you start respecting fellow tFS members and their views... or get prepared for some heavy editing.

merci beaucoup

 

[maverick]

maverick, trust me you wont be banned for not agreeing with me, thats a promise

now seriously, i totally dont get your points of 'critisism' to my post.. let me explain (english is not my mother -or father- language so please be patient)

trade has never been one street.. american analysts have been stressing the point 'dont feed the dragon' for years and of course they were right...
see by now the dragon is so well fed, the west is so much depended, lets sell them what they haven't (e.g. the luxury lifestyle dream) and starts all over again..
how can you have a problem with stating things the way they are? where do you see the inaccurancy ?

being pleased or not is not an issue, most lux companies have already transfered production to China actually they've been doing this for quite sometime, lux production in China is well under way now its time to start retail..take the invested money back

its only a normal clever way for Europe to react to how chinese products taking over our market.. we give you what you have not

Please correct me if I misunderstood, but are you implying that luxury goods will "balance the scale," restoring a trade equilibrium? If so, I must question your justification, as this is primarily an issue regarding MNC's with virtually no nationalistic sentiments. The goal of MNC's is first and foremost to make a profit, however in their greed they lack foresight. By giving China the knowledge and facilities to manufacture lux goods to they potentially render themselves obsolete. This situation has been repeated countless times in the past; take for example the Middle East oil.

Again I must raise the point how absurd it is for these "luxury brands" to even consider selling the crap they produce in China to the Western markets and still consider themselves luxury brands. It is sad to see fashion reduced to this state; the qualities once demanded from luxury brands have become trivial to most consumers, the brand name paramount.

 

[maverick]

Can you elaborate on how the chinese can collapse the United States economy????

There are of course many ways, but I was referring to her reserve holdings.

 

[Lena]

Please correct me if I misunderstood, but are you implying that luxury goods will "balance the scale," restoring a trade equilibrium?

well, see?
no, i'm not implying that this will 'restore' the equilibrium , i'm just implying that this is the only way western economy can 'bite' the chinese dragon

and i'm certainly posting from an EU prespective ,
i'm not too well informed on US economy

 

[Acid]

i love reading about all of this because i dont really understand any of it, yet it does make sence to me somehow.

OT: does China still retain its one baby per family rule?

 

[Lena]

i love reading about all of this because i dont really understand any of it, yet it does make sence to me somehow.

love ya acid

OT no idea on the one-kid-rule

 

[kit]

love ya acid

OT no idea on the one-kid-rule

I have a feeling that the law still obtains .

Otherwise , the population would grow out of ALL control and in some of the rural areas the population can hardly feed itself .

That's what makes the situation SO absurd , as here we are talking about Louis Vuitton et al setting up to sell and even to manufacture in China , and there is still abject poverty in the rural undeveloped areas . Shanghai and Beijing are NOT , unfortunately ,the real China , as yet .
According to my nephew who lives and works in Shanghai , the affluence and conspicuous consumption have to be seen to be believed .
( For the Dior Homme crowd's information , there's a DIOR HOMME flagship in Shanghai . Dream on ........... ) .

We're back to ' The Materialistic Society ' Folks !!!

 

[Hanne]

As far as I know they have loosened the one child policy a notch..but it still pretty much applies.

If China so wished she could completely collapse the United States economy

Maverick are you refering to the US's borrowing of large sums from China..at a fairly low interest rate?

 

[Lena]

We're back to ' The Materialistic Society ' Folks !!!

true

no good with statistics and data here but for sure the majority of people are still very poor in China, most kids start working at 14 for extremely low wages for those factories working for the western consumer, in some cases those little wages are long in due, making overty unbearable for workers..
but what about the bosses of those millions of unrdwaged workers?
thats where luxury comes in...
there are very few 'rich guys' there, but the ones who are rich are insanely rich, i've heard some unbelievable stories of absolute eccentricism..

is US borrowing from China?

 

[Hanne]

is US borrowing from China?

They are Lena..Right now a lot of Americans are overspending, and money set aside (savings) are at low..while in China people are still saving..and leaning to the overspending Americans..
The intersting question is for how long will the Chinese be willing to lean money at a low rate to the Americans..and if they stop what will happen..?

 

[kit]

They are Lena..Right now a lot of Americans are overspending, and money set aside (savings) are at low..while in China people are still saving..and leaning to the overspending Americans..
The intersting question is for how long will the Chinese be willing to lean money at a low rate to the Americans..and if they stop what will happen..?

What will happen , Chuckybabes , is that the USA will borrow from China , up to the hilt , and THEN devalue the debt , by letting the dollar sink like a stone , JUST as the USA borrowed from Japan , and then scuttled the Japanese by forcing recession and the devaluing of the yen .

VOILA !!!!! - That's the way to do it !!!!!!!!!

HOWEVER , I think that the Chinese are too canny and have learned from Japan's experience .

Only time will tell , but Bush and the neocons ( well named ) , are capable of ANYTHING , including starting a war in the area , as a diversion .