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Joe Swanson
CNBC Television
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Comments by "Joe Swanson" (@joeswanson733) on "Amazon faces new competition from online retailer Temu" video.
they're all made in china... i mean who are we kidding here.
5
also economies of scale almost cutting out more of the middlemen... you're almost buying directly from the manufacturer... that's why it's much cheaper. amazon you have to buy through middle men. for example if you buy amazon direct amazon is the middle men. if you buy from 3rd party sellers they buy from a wholesaler or trading company or maybe the factory but they have to mark it up.
2
i know people rag on china for cheap stuff and such but a reason why inflation was low in the 1990s up to the 2010s was because of super cheap stuff we got from china that helped offset the inflation...
2
you actually get better deals on other place like ebay for example.
1