this post was submitted on 03 Jul 2024
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US Authoritarianism
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Wal-Mart, they explicitly muscle local supermarkets out of rural towns
Yes, by undercutting them with goods produced by Chinese labors getting very low wages.
I believe they actually take a loss on their products until the local stores are priced out, propping up the store on their billions. Then they can jack up their prices to make the money back.