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Joined 11 months ago
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Cake day: February 27th, 2024

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  • And then cheap chinese knock off brands push the products through Amazon, and other online retailers and by the time they are stopped the company has made bank, rebrands, and continues to do the same thing.

    And because China doesn’t care, and the retailer is generally considered oblivious to the situation until proven otherwise they have zero incentive to vet the product.

    Ya: This is an actual real problem.

    Now if quality product made in a western aligned country was actually cost competitive and had good rep for being locally made or at least made in a country with actual enforcement mechanisms that can go after the people/factory when they pull this crap - then, the standards applied will actually matter.

    I mean: Just go look at how many knock off apple products there are - and realize anything of potential value has the same issue going on.


  • We haven’t had capitalism in any sense of the word for about 60 years at this point. What we have seen is government interventionism in a protection of certain businesses that align with the interests of the sitting politicians - in other words, a form of Oligarchy.

    What has transpired is an increasing degree of government deficits to fund entitlements, that drive inflation, which create more dependency on the entitlements and a call to do things like raise minimum wages.

    The actual solution is: Trim federal spending, go into deflation, and drive the buying power of the currency up. This would allow people to pay down debts while maintaining standard of living, and allow for a reduction of dependency on hand outs - which would allow for a further reduction in government spending. The problem here is that the first step ABSOLUTELY SUCKS for a LOT of people - but it needs to be done.

    From here: The big hedge funds, and such need to be ripped apart systemically.