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Let me see it I get this straight. WalMart bought $15 billion from China and according to their financial statement bought a total of $198.747 billion.

WalMart Financials

That's only 7.55% of total goods purchased. How can they sell only Chinese goods when Chinese goods were only 7.55% of their total?

And another thing, if $15 billion is 80% of their total imports, that means total imports were only $18.75 billion. I thought all their products were imports.

Could some WalMart bashers please check my math here?

1 posted on 03/04/2005 12:10:27 PM PST by Toddsterpatriot
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To: SwankyC; 1rudeboy; LowCountryJoe; Poohbah; Southack
Could you guys check my math here? The numbers don't agree with what some people have told me about WalMart.

Thanks for your help.

2 posted on 03/04/2005 12:12:06 PM PST by Toddsterpatriot (Protectionism is economic ignorance!)
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To: Toddsterpatriot
World peace will not be realized until there is a Wal-mart or two in every town in the world.
3 posted on 03/04/2005 12:14:39 PM PST by bahblahbah
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To: Willie Green

fyi......ping


4 posted on 03/04/2005 12:14:39 PM PST by maestro
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To: Toddsterpatriot

The Social(ist) wing of the conservative movement would believe that Wal Mart was run by the church of satan if you told them.


5 posted on 03/04/2005 12:16:34 PM PST by Clemenza (Alcohol Tobacco & Firearms: The Other Holy Trinity)
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To: Toddsterpatriot
WalMart must have a strict policy against domestic goods!!
10 posted on 03/04/2005 12:24:46 PM PST by Fast1 (Destroy America buy Chinese goods.)
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To: Toddsterpatriot

They're going to sell the Chinese stuff back to the Chinese?


11 posted on 03/04/2005 12:26:12 PM PST by Lorianne
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To: Toddsterpatriot

Are the Chinese stores going to be completely stocked with US goods? ;-)


13 posted on 03/04/2005 12:29:07 PM PST by Still Thinking (Disregard the law of unintended consequences at your own risk.)
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To: Toddsterpatriot

It'll make it really easy for them to utilize the just-in-time-inventory system, as the goods will have a much shorter journey from factory to store.


17 posted on 03/04/2005 12:37:56 PM PST by George Smiley (This tagline deliberately targeted journalists.)
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To: Willie Green
Wal-Mart plans 10 new stores in China

...plans to sell U.S.A. 'factory-prison' products in Chinese stores,....Chinese workers filing complaints...

/sarcasm

20 posted on 03/04/2005 12:43:24 PM PST by maestro
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To: Toddsterpatriot; Willie Green; Tijeras_Slim
Except there it'll be called, "War Malt".
23 posted on 03/04/2005 12:44:53 PM PST by martin_fierro (< |:)~)
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To: Toddsterpatriot
I dunno, Trojan super store, if you ask me. China's Communist Party isn't ready to compete against unfettered capitalism.
27 posted on 03/04/2005 12:46:56 PM PST by Buzwardo
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To: Toddsterpatriot
Wal Mart can build its stores in china, but isnt allowed to in New york

Wal-Mart Halts Its Plan To Enter New York City

40 posted on 03/04/2005 12:57:05 PM PST by lowbridge
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To: Toddsterpatriot

"Last year, it sourced $15 billion worth of goods in low-cost China, from bicycles to fish."

China has FemiNazis? Isn't their mantra "A woman needs a man like a fish needs a bicycle?"

I shop at Wal-Mart from time to time; bought a bike there once, but found my husband in the Classifieds in the newspaper. ;)


47 posted on 03/04/2005 1:00:47 PM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: Toddsterpatriot
Could some WalMart bashers please check my math here?

I would but I need to buy something ... at Wal-Mart.

48 posted on 03/04/2005 1:02:57 PM PST by aculeus (Ceci n'est pas une tag line.)
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To: Toddsterpatriot

Wonder if Walmart stores in China sell "Made in U.S.A." stuff.


49 posted on 03/04/2005 1:04:13 PM PST by teletech (Friends don't let friends vote DemocRAT)
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To: Toddsterpatriot

I bet they don't have to worry about Unions there.


51 posted on 03/04/2005 1:10:39 PM PST by fish hawk
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To: Toddsterpatriot
So, does this mean that Walmart is going to water down China's economy with cheap products manufactured in sweat shops in Somalia?
72 posted on 03/04/2005 1:35:23 PM PST by Conservative Infidel
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To: Toddsterpatriot

WalMart stores in China? I wonder if 90% of their goods will be manufactured in the USA?


97 posted on 03/04/2005 2:33:39 PM PST by Bronco_Buster_FweetHyagh
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To: Toddsterpatriot

Chills! Spills! A typical Wal-Mart thread. Hysteria! Doom!


117 posted on 03/04/2005 6:22:39 PM PST by 1rudeboy
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To: Toddsterpatriot
Where will Walmart find cheap goods to sell to the Chinese....the Chinese have no money.

Oops! Forgot! The Chinese have all our money. Nevermind.

122 posted on 03/05/2005 4:51:13 AM PST by stboz
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