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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[BRIEFING.COM] Equity indices extended this week's losses with a broad-based retreat. The S&P 500 fell 0.6% to end the week lower by 1.1%, while the Russell 2000 (-1.1%) finished with a 0.9% decline since last Friday.
Staying true to the theme observed throughout the week, the energy sector (-1.5%) tumbled out of the gate, thus dragging the broader market down with it. Once again, dollar strength and crude oil weakness contributed to sector's underperformance, but the ... More
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