Nop .... the proper word are " Greed " ..
NIKE has no reason to have an factory in Pakistan , and shell an pair of shoes for 200$ in US or elsewhere .
" Greed " are the key world , and the reason behind it , are all the stocks that you have hidden on you safe box... (generally speaking )
Cash them out and invest on your own business , or on your next door neighbor business.
Thats the only way , to restore things , and find back our humanity .
End of cheap made-in-China era?
Its only Kiria... met him somewhere on the WEB..
Means well and so on. Being from Greece he struggles a bit with English. A good person who never attacks people. His mission is to educate people. Good for him.
Cheers
Cool with me. Hell I am in Cleveland, Ohio and I struggle with English. I see he was well intentioned, his reply just threw me a little.
Ron
HAHA! That's funny. English is something that native speakers sometimes spend a lifetime learning. But the Nike comment was an excellent illustration of his point. Greed does drive alot of these phonomina. Peple rather like to buy cheap, throw away junk rather than quality durable junk. Nothing you can do about it though.
Now the Nike thing. I am sorry but fail to "get it". I look at a pair of Nike tennis shoes costing well in excess of $100 USD and wonder how a pair of tennis shoes costing a few dollars to make in China can retail for over $100 USD simply because some hoop shooting idiot likes them (then too he is paid well to like them).
They sell for $100 because people want to pay $100 for them. Those shoes represent the symbol of "I have $100".
There have been numerous studies done on how people won't buy a product that is priced one way, but as its price is increased, they'll buy it; in other words, for certain products, with certain "values" attached to them (status, prestige, etc), people won't pay less - they want to pay more. A person perceived as rich (whether he is or isn't, is really beside the point) is seen in relationship with the product, now people attach the values of "status and prestige" to that product, and expect - no, demand - that the product be priced accordingly, so that they to can "be like Mike" (or whatever the flavor-of-the-day is).
In a very short amount of time (well under a 100 years), the majority of the public has been so indoctrinated in this manner, and so few see through it, that this is the way the majority of the western world operates now. The older generation, through their actions, and sometimes even words, continues the cycle with the younger generation. The money keeps flowing.
I would guess at 60 I could now be older generation, though I figure growing old to be mandatory but growing up an option.
Growing up my parents never played the game when it came to kids clothing. It was the classic you will get what you get and like it. Then one day with kids of my own I woke up and said, Oh My God, I have become my father. I guess I just inherited that sense of values. How terrible that my kids had to suffer much as I did as a child. Forced to wear practical clothes and be taught the value of things and being practical.
How strange that now I see my kids waking up and saying Oh my God I have become my father as they shop for my grandchildren. Yes, here we are in August and the school season begins with back to school clothes. I don't see where a kid needs a $100 or now $200 pair of tennis shoes to sit in school and learn.
Peer pressure? They can suck it up and get over it.
My tennis shoes? I always buy two pairs at a time to rotate and I never spend over $29 per pair. They do just fine and wear as well as the overpriced garbage.
Do I indulge? Hell yes and love a good $15 cigar or good beer.
Really? here it's 2.5€/hrAmericans get paid too little for most of the jobs. Being paid less than $15.00 per hour is below the poverty line. The cost of living the US is exactly the same as in Australia and the minimum wage in Australia is $15.00 per hour.
I don't even know how someone can live on $15.00 per hour.
Really? here it's 2.5€/hr
China will never stop producing, all of us are dependant on their stuff, it's cheap, and that's about it, for some things I'd rather pay a bit more and have reliability, but cheap stuff is always a win, even if it breaks, then I get cheap parts...
My first TE calculator was $130 (when I earned $100 per week). The same calculator is now $3.00 to $10.00
My first circular saw was $250, then $120 then $99 and now they are $30 from Aldi.
My first Digital calipers were $150 then $80 and now $20.00 from Aldi. Aldi sells out within 2 hours!!
All these cost-reductions have been due to China.
None of the Chinese things have worn out.
They have all been damaged by the STAFF.
Where do you think Nike shoes have always been made? HK and China - for about $3.00 to $5.00
My latest TV is 9 years old and NEVER been turned off. It has never faulted. I keep the sound on when I am not home. No robber is going to rob a house with loud noise as he cannot hear if someone is in an adjacent room.
I have never been robbed and yet others around me have been robbed.
I did TV service for 25 years and relied on 2 calls per year for colour TV's. When Taiwan came on the scene the fail-rate fell appreciably and I could see the end to servicing.
TV's are now thrown out on the front lawn after the first time they fail to turn on.
China has improved our standard of living enormously.
The whole Electronics industry has become a mess. Cheap and nasty and a throw away society.
You will only feel and think like I do if you are repairing Shite all day long that has one origination. China. Some design's are good. Assembly as cheap as possible. Always.
Aluminium heatsinks hopelessly too small to handle proper cooling for extended periods of time.
Built in obsolescence.
Cheers
Let me tell you one thing.
Original transistors from the US, Australia, Europe, UK, all failed in TV's. It was not until the Japanese came along with their transistors that TV's became totally reliable.
All the first TV's and computers had a fail rate of twice a year.
You are mixing up two different facts.
I said Japan perfected the transistor. I did not say anything about Japanese TV sets. They were a total nightmare.
It is Taiwan, Korea and China that perfected the art of making a good TV chassis.
The figures I gave above are not only mine but also the biggest renter of TV's in Australia - Radio Rentals.
They originally used the useless 3500 AWA chassis (from the UK) and had 8 technicians on the road.
They changed to the 4KA chassis (Taiwan) and sacked 7 of the technicians.
The head technician said the only faults they had were fuses and picture tubes.
Their fail rate went from more than 2 calls per year to less than one per lifetime.
I also rented 250 x 17 inch colour TVs from Taiwan (General). I had less than 10 calls on the total of 250 sets in 8 years. After 8 years the sets belonged to the customer.
I rented and sold hundreds of TV's: Luxor, Blaupunkt, Seimens, AWA, Philips.
I fixed these on the basis of about 2 calls per year. They made me a fortune. How do you think I bought my 5 properties?
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