Quote: The value of WalMart's purchases from China is less than 10% of total WalMart purchases.
You are the one clueless. Have you ever even been in a Walmart? I know you and your friends don't hang around the little people.
If you are so sure that WM only has 10% or less of it's product made in china why won't you take my up on my bet???
Any sane person can go to their local WM and see the % of product made in china (Min 65%).
WM is the one posting funny numbers.
Toddster you are so chicken sh*t and you know it.
TO ALL:
I'm remaking my bet with toddster. His contention is that 10% or less of the products in a WM are made in China. I say a minimimum of 65% and I bet $1000 I am correct. However he won't take me up on my bet and always comes back with insults and snide remarks.
Also toddster why did you use the word "arse" in one thread a while back? Are you even American?? I do not know one red blooded american than uses the word Arse. Of course I guess I am oneof the little people and not the novou (sic) rich.
How many different items does a typical WalMart stock?
They can play some number game - one thing if the China products are much cheaper 10% cost might equal 50% of products. Second they can undervalue the import by the accounting tricks.