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Smithfield Foods, Inc. Message Board

  • madmilker70 madmilker70 May 29, 2013 6:59 AM Flag

    a Chinese company.....

    sad...

    really sad.....

    ["Now let us look at Wal-Mart again; you buy a product there, 6% goes to the employees, 10-18%
    is profit to the company, 25% goes to other costs and 50% goes to re-stock or the cost of goods
    sold. Of the 50% about 20-25% goes to China, a guess, but you get the point. Now then, how
    long will it take at 433 Billion dollars at year for China to have all of our money, leaving no
    money flow for us to circulate? At a 17 Trillion dollar economy less than 40-years minus the 1/6
    they buy from us. Some say that if we keep putting money into our economy, it would take
    forever, but if we do not then eventually all the money flow will go. If China buys our debt then
    eventually they own us, no need to worry about a war, they are buying America, due in part to
    our own mismanaged trade, so whose fault is that? Not necessarily China, as they are doing
    what's in the best interests, and we should make sure that trade is not only free, but fair too."]

    sad...

    Lance Winslow will be right if America doesn't wake up soon....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • you are investing in the stock market to make money. Ne happy that sfd got bought out. I have invested at various occassions in SFY over the past years, mostly in it's bond and the market was never really willing to pay up for the co while it's was doing very well fundamentally. Better chinese than still listed and not being fully valued.

    • Look at Brazil, they bought Pilgrims Pride and half of Heinz and they are buying even more. Foreign companies buying here in the US is not news.

      • 1 Reply to low_mac
      • Brazil bought a little over 50% of Pilgrims Pride total shares with the rest of the shares being own by various funds etc The red communist buying 100% percent of one of out meat companies and taking it privite is " no can do" in my book. I'am sure this transaction will not be approved for national security reasons. China can grow their own porky pigs.

 

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