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Fear of missing out on the latest trend or a great bargain may be motivating Hongkongers to make a beeline for big-box retailers across the border. However, the wider economic and environmental impact of this style of retailing deserves attention.
I love local bookstores, i spend as much time as i can in them. i also buy from amazon because they can get books to my house, and walmart prices are not just lower, they're 25% to 40% lower. and those prices, not just sort of well, this is good because prices are lower. this is a huge boon to the lowest fifth of the american consumer. to the people who are the least well off in the country. >> yes. >> also look at the costs of those prices, though. the cost of those prices is that you end up with walmart workers on welfare rolls. you look at towns and communities end up net poorer when the wa...