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China.....
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<blockquote data-quote="greybeard" data-source="post: 1499417" data-attributes="member: 18945"><p>And yet economists say we have a very low inflation rate....</p><p></p><p>The healthcare/beauty sector is an interesting sector. There was a very good (and detailed) article a few years ago regarding why Proctor and Gamble moved so much of their manufacturing overseas. P&C had noticed their sales at big box stores was decreasing, and had a meeting with Walmart, Target, Kroger, and KMart and was told the only way the stores could increase sales of P&G products was to lower their prices and the only way they could lower retail price was if P&G found a way to lower the wholesale prices they were getting from the big box stores. P&G could not cut costs without cutting labor so they moved almost everything overseas. </p><p></p><p>Dollar Shave Club btw, is now owned by corporate giant Unilever....</p><p>P&G and Unilever for years had run a price fixing cartel for all their products in Europe and Great Britain and each were fined over $100 million when it all came to light in 2011.</p></blockquote><p></p>
[QUOTE="greybeard, post: 1499417, member: 18945"] And yet economists say we have a very low inflation rate.... The healthcare/beauty sector is an interesting sector. There was a very good (and detailed) article a few years ago regarding why Proctor and Gamble moved so much of their manufacturing overseas. P&C had noticed their sales at big box stores was decreasing, and had a meeting with Walmart, Target, Kroger, and KMart and was told the only way the stores could increase sales of P&G products was to lower their prices and the only way they could lower retail price was if P&G found a way to lower the wholesale prices they were getting from the big box stores. P&G could not cut costs without cutting labor so they moved almost everything overseas. Dollar Shave Club btw, is now owned by corporate giant Unilever.... P&G and Unilever for years had run a price fixing cartel for all their products in Europe and Great Britain and each were fined over $100 million when it all came to light in 2011. [/QUOTE]
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