The 5 most counterfeited products
Find out what fake merchandise federal authorities seize most often and how much the U.S. traffic in these illicit goods is really worth.
VIDEO ON MSN MONEY
Let me see if I've got this straight. 1) These big fancy "chic" companies design a product. 2) Said companies find a Chinese company to make that product for next to nothing so the "chic" company can rake in the money. 3) "Chic" company then sends all needed design information to Chinese company so they can make the products to exact specifications. 4) "Chic" companies are now upset because Chinese companies are making "knockoffs" of their outrageously priced and absurd profit products and want the goverment (which they avoided paying taxes, etc. to by sending the manufacturing to China in the first place) to "stop the theives". WOW! And guess what? The "chic" companies aren't stupid. They are smarter than foxes. They still make millions off of the sheeple. They get untold amounts of publicity when busts occur. All the while, the goverment that they stiffed pays for all the investigations and confiscations and they smile all the way to the bank! Keep on keeping on SHEEPLE!
Thousands of U.S. Companies were lured to manufacture in China with the promise of cheap labor and huge profits...
Now there are discovering they have been burned by massive Chinese hacking espionage and now have to compete with counterfeit goods from China.
TAXATION IS WHAT RUINED MADE IN AMERICA ALL THE GREAT BRANDS USED TO BE PROUD TO SAY MADE IN AMERICA . I BET YOU WILL NEVER SEE A LEVIS COMERCIAL
THAT SAYS PROUDLY MADE IN INDONESIA
We need to fight back...let's start producing cheap counterfeit wontons, Shih Tzus and Jackie Chan movies (yuk) and dump them on the Chinese market...
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- Commodities ended the day mostly lower today with energy, excl natural gas, grains (corn, wheat and soybeans) and copper and silver all finishing in the red.
- Gold and natural gas futures ended today's session higher.
- Grains sold off today following the monthly USDA WASDE report.
- Corn ended the day 2% lower at $4.87/bushel, soybeans lost 40 cents (or -2.7%) to $14.19/bu and wheat fell 14 cents (or ) to $6.39/bu.
- Copper ended 1.6% to ... More
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