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Forum - Wall Street Pit    Stock Due Diligence for All

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From: spuds (Rep: 343) reply to apmooreDate: 09/17/2018 17:26
Forum: Wall Street Pit - Msg #2752118Thread #674034914 (Rec: 3)
Re: Could restrictions on reverse engineering be part of a trade deal? Is tha...I would say not ......many of the things that china produces if not the majority are not really patent protected in anyway ....ie cheap steel .....household appliances etc....other high tech goods such as apple phones may be intellectual property protected to some degree but it is obvious that goods of equal performance are already produced in other equally competitive countries....ie Samsung in skorea........and in the world of intellectual property there are always, always workarounds....and if that fails then in the words of Donald Trump...'if you don't like it sue me'.....already china is not the low cost producer in the world.....Vietnam, Myramar are much cheaper .....and other nations ready to follow suit such as Bangladesh and India....yes, we can produce anything in the world that can be done by anyone else but we would have to adopt somewhat their same lifestyle to some degree....ie a more modest and totally reformed means of health care, and begin to take in the unfortunate and elderly family members in our home instead of relying on 'government' ie other people to assume those responsibilities....we did it at one time years ago and it wasn't a bad life but it takes a family unit to provide those individual needs instead of government ...which is to say have to once again take care of ones own instead of relying on deficit spending and currency devaluation to deliver the goods.....we can do it but who among us is willing to make the necessary changes and sacrifice of taking care of our own???



spuds


Reply to apmoore - Msg #2752115 - 09/17/2018 17:01

Re: Could restrictions on reverse engineering be part of a trade deal? Is tha...

I'm not an engineer, but is it possible to manufacture goods in a such way that they could never be reverse engineered? Sort of like the pyramid of Giza.
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