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Paul Krugman's takedown of Trump's economic blatherings.
#27
(05-18-2016, 04:44 AM)Kinser79 Wrote:
(05-17-2016, 09:18 PM)playwrite Wrote: Really?  When an Chinese-manufactured iPhone sells anywhere in the world, how much of the revenue goes to China v. US?

Even if most of the profit is repatriated to the US for ishits, do you honestly think the Chinese couldn't introduce knockoff ishits on a moment's notice?  How many different products do the Chinese copy directly?  Quite a lot. Everything from handbags to watches, a cell phone wouldn't be a huge leap for them.
Platform companies was a concept proposed by GaveKal research.  I wrote an article in 2005 about these where I made this very point.  Others have made the same sort of argument in a more formal way.
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RE: Paul Krugman's takedown of Trump's economic blatherings. - by Mikebert - 05-18-2016, 05:05 PM

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