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Re: dijeetyet post# 412

Sunday, 10/03/2010 10:33:22 PM

Sunday, October 03, 2010 10:33:22 PM

Post# of 612
China companies also have that benefit of not having over inflated wages and insanely high health and pension benefits that kill American companies. It’s to bad that a person in China can live quite comfortably on $20,000 and that is considered below poverty level in the US. Money just doesn't go as far as it should in America. It is harder to make a profit in the US for small companies. Especially when the companies top brass seem to think they deserve a $250,000 or greater salary without even making a profit yet. Most of these startups get sucked dry from the top brass but a lot of these Chinese companies seem to keep those numbers reasonable, even after making huge profits. Nice to see they don't get to greedy when the going gets good. Well, I will get off my soapbox. Hope it starts trading North a little. We have been stuck in this channel of $0.50 to $1.00 for quite some time.

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