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[–] Lurker17 0 points 2 points (+2|-0) ago 

Business was good while it lasted. He should set up in China now and start shipping it all back! They haven't had a need for that niche business in China ... until now. Its an Exodus!

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[–] redtoe_skipper ago 

Tariffs prevent from shipping it back. Local production is the hot ticket.

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[–] Jimerican 0 points 5 points (+5|-0) ago 

That's what Warren Buffet did in local cities of Fall River and New Bedford.

They bought operating factories, fired everyone, sold them overseas and reassembled them back into to production.

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[–] redtoe_skipper 0 points 1 point (+1|-0) ago 

Mitt Romney was in the same line of business. But the writing on the wall was muted, clear to see for anyone with half a brain in operation mode.

These people create, and make nothing, but parasite on the system.

This is what was done to Post ww-1 Germany, and post ww-2 Germany.

That an enemy is subject to these measures is one thing, to actively promote and earn money by subjecting your own country to it, is straight up treasonous.

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[–] 1Paydaddy 0 points 1 point (+1|-0) ago 

Is Buffet a Luciferian?

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[–] PtCPt 0 points 8 points (+8|-0) ago 

Any company who's primary source of revenue is China-based from the USA today can expect a major slowdown simply due to China's economy retracting in a big way. That's business. The company would then need to find other customers as sources for their product purchases. If they do not, then they face your friend's business of closing down. Come & Go, that's what businesses do, based only on their plans. Poor planning isn't Gov's responsibility as far as their company operations go.

If that business is having your friend close them down, it's too late for any corrections, decision has been made. Whomever their competition is/was now has potential for a boost to their revenues. Hoping they're USA based.

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[–] dudleydoright [S] ago 

The business was making incandenscent bulbs.

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[–] PtCPt 0 points 1 point (+1|-0) ago 

Maybe should've mentioned that gov had indeed inflicted market damage to their local market. However, the other day, Mr. Trump reversed all of Zero's restrictions. But, probably too late for that business. Good start up opportunity today.....I hear he may have the equipment to do that.

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[–] redtoe_skipper 0 points 1 point (+1|-0) ago 

You are making very good points. Trade needs to be viewed from the prospect of risk:

Country risk

Buyer risk

Transport risk.

Should risk materialise: What mitigating solutions do you haven place? Isyour current portfolio diversified enough from a risk concentration perspective.?

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[–] Gitmo-or-Bust 0 points 19 points (+19|-0) ago 

Tell him to hang in there!! He will be dismantling China and sending all that manufacturing equipment BACK to the US in 2020 and beyond

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[–] rndmvar 0 points 3 points (+3|-0) ago 

That's provided that the chinks don't try to nationalize it, then smelt all the tools down to shoot at birds and insects when they start starving.

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[–] realopticsguy 0 points 1 point (+1|-0) ago 

Where do you think our barbells and weights come from? Old melted down tools from the Giant Leap Forward.