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Green Man
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hedgewitch
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Green Man
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hedgewitch
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Treacodactyl Downsizer Moderator
Joined: 28 Oct 2004 Posts: 25795 Location: Jumping on the bandwagon of opportunism
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Nick
Joined: 02 Nov 2004 Posts: 34535 Location: Hereford
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Posted: Sun Feb 25, 07 6:29 pm Post subject: |
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Cho-ku-ri wrote: |
We get the picture, mostly everything is good and cheap. But you are selling your own economy down the river by letting foreign companies profit from your grocery shopping. Once the money has gone from your town to Germany it ain't coming back. |
However, this isn't true.
Large sums of the money go to staff and workers who are local, rent to the site owners, who are local, producers of the food who are worldwide, suppliers of services and goods to the store, which tend to be local, and then to Germany. but, it doesn't really go to Germany. It goes to the shareholders. Those fat cat city boys we love to hate. Except that the shares aren't owner by private people, usually, well, not the stereotypical rich individuals. I'm a shareholder in dozens, probably hundreds of companies. And so, probably, are you. Got a pension? The money is invested in stocks and shares, which is where all this money is perceived to be draining away to. Lidl is part of the Schwarz group of companies, and will form part of many pension plans all over the world.
And in the UK we also export plenty of stuff. I have no idea, actually, what our balance of payments is, but we offer plenty of things for sale outside the UK that are as important to society as food. It's not all one way traffic, and certainly, the vision of the money you spend in Lidl ending up in German pockets and resting there is a fiction.
I'm with you, for sure, that we should concentrate on local food, but let's not mislead and misrepresent. |
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