Yankee-stani
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I've talked to someone who knows ppl that work at Walton at upper level. The whole thing is basically a front group to get some "we're helping some third worlders hurdehurrr" initially (in some market of X Y Z).....and then the Chinese come up behind them to get the real body of the sustained exports later (that they couldn't as easily otherwise since China is basically not so 3rd world anymore...so the feelz arent quite there anymore among gullible whitey).
It's a clever model, for the Chinese that is (and why they commit maybe 10% MVA value to anything they invest in BD to begin with)....they have a few notable ppl controlling things in Walton....its the typical skirmisher followed by phalanx model. Skirmishers are expendable (and just reconnoiter and commit a little and get a little at most), phalanxes do the job and hold territory and settle scores....but the villages/peons providing the skirmishers really can't be choosy since they come from zilch....and have no bargaining power/capability of their own.
This is also why the initial hurdehur target, that gets delayed by 10 years......and then the export levels of non-RMG dont actually change in any noticeable amount....and neither does Walton release a standard FY revenue release (forget profitability analysis etc)....for god knows since I joined the forum at least I think (maybe more).
Neither do service exports, pharma or any of the other goodie bags promised here each week, of each month of each year.
Really just sit back and watch, the only constant in this subforum are 1971 waaah threads and "we're starting to export *insert hurdeeehurr*" threads. Oh and bitching that BD ppl go to India for the most basic of basic things (that one would think a superpower STRONK exporter could provide easily). Draining the money y...Its all just bollywood imaginationzzz.
Then when you call them out on the ACTUAL numbers and performance.....and maybe theres issue with all this talk of 3 million and genocide blah blah.....they yell WAISSSIST and BUTTHURT!
Really they are quite the spectacle living in their little cocoon.
Well in short means the PRC makes Walton goods while Walton is BD company tho I am sort of a Sinophile I am kinda relalist on them great model to make some money the Turks do the same thing as well
BD only main exports are textiles and boy when Whitey in the west sees a excess of one country goods time to put tariffs on them @Nilgiri The PRC and ASEAN have better mechanisms as they export to other markets as well BD is heavy on the west which will screw them up in the near future