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Whoa! US manufacturing is over!
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Demetrius XXIV and the Gladiatores
Sep 10, 2003, 11:07:12 AM9/10/03
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Mercedes just announced it's going to produce their cars in China! Not
for all the markets mind you, just the Asian ones.
for all the markets mind you, just the Asian ones.
Now if luxury carmakers who have some of the fattest margins going
cannot resist the siren temptation of cheap Chinese labor, you know
something is going to break real soon. In the economy that is.
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