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Fox
Modern MBA
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Comments by "Fox" (@tomlxyz) on "The Absurd Economics of Wish, AliExpress, and Temu" video.
Your comment is very misleading. His initial idea was using the price difference on postal stamps in the US and Europe. Theoretically that would work on the price difference but the logistics apparently made it so that he never actually did it. In the end the supposed profits were so high that there weren't enough postal stamps But the basic idea of selling low at one place and higher at another is totally a legit way to make money and not a Ponzi scheme
15
That's why i tend to only buy brands i know (by brand i don't mean flashy brands necessarily)
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Seems like I'm totally detached from those influencers because I've not heard about that for years
2