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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: Re: Rapid Transformation of China's Economy
Date: 10/29/25 6:29 PM
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No. of Recommendations: 4
Back when I was a kid, Japanese products were perceived as junk. Fifteen years later, they were acknowledged to be every bit as good (and in many cases better) than products designed and built in the US and Europe.

Not long ago, Chinese products were perceived as junk (despite many of our premium companies building their products in Chinese factories.

I can tell you from personal experience that the consumer products currently sold in China compete very favorably with those manufactured in the US or Europe.

Jeff
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