Thread: Toyota, hurt by the chip shortage, will reduce output 40 percent in September.

Boy, you really reap what you sow, Even in Australia, dumped all the manufacturing to China, I can still remember the KingGee factory on the GreatWestern Highway at MT Druitt, Had friends who worked at Panasonic in Penrith. Was back in the 80's then Australia stopped the tarrifs for the WTO, China boomed and Aussies went onto the dole queue.

You're barking up the wrong tree if you try and blame China for having a deleterious effect on the aussie economy. Much though they would love to, these days.

But yeh, the WTO and it's tariff rules had some weird effects. I remember being in the Riverland with the ex, not long after moving back to oz from HK- so 2004 or so. There were thousands of acres of ripe oranges just being left on the trees to fall off and rot. It wasn't even worth it for the farmers to pick them- but you were free to pick your own and make off with what you wanted, and the wife proceeded to do just that. Reason- under recent tariff changes, it was cheaper for juice manufacturers to buy 44 gallon drums of OJ concentrate from Brazil than fresh oranges from local farmers.

Now we're seeing the same thing again, thanks to Covid. No backpackers around to pick them, just a few old grey nomads making a buck.

Originally Posted by havnfun

Boy, you really reap what you sow, Even in Australia, dumped all the manufacturing to China, I can still remember the KingGee factory on the GreatWestern Highway at MT Druitt, Had friends who worked at Panasonic in Penrith. Was back in the 80's then Australia stopped the tarrifs for the WTO, China boomed and Aussies went onto the dole queue.

Yeah you have the wrong end of the stick there.

Originally Posted by Fondles

Yeah you have the wrong end of the stick there.

When I was a little kid,we had so many manufacturing jobs, everything we bought was made there, Kelvinator,Victor,Kambrook,Whirlpool,KingGee,even Panasonic, HMV, Sharp, Holden,Chrysler,Leyland,Ford,Datsun.,Grace bros,Arnottes , Didn't have the dole when I was a little kid, everyone worked or the family took care of them, unless they were a axe murderer type mental nutjob then they went to a psycho ward.
That country has so much wealth and power in and on the ground with coal,natural gas,copper ,zinc and thousands of square miles of wheat,rice,barley acres upon acres of cattle,sheep,goats,pigs,roos.
It's sad for me because I saw all that go asside for cheap plastic crap that won't last a year of use, our stuff used to last a lifetime, Just go to a deceased estate sale at a elderly home, they have stuff from 50 years ago, wheelbarrows, garden tools, lounges, side tables, bedroom suites, dining suites, hand tools.
But,who am I to ponder why.

Originally Posted by David48atTD

Toyota, hurt by the chip shortage

No chip shortage for vaccines...

^ points for that one

Originally Posted by havnfun

When I was a little kid,we had so many manufacturing jobs, everything we bought was made there, Kelvinator,Victor,Kambrook,Whirlpool,KingGee,even Panasonic, HMV, Sharp, Holden,Chrysler,Leyland,Ford,Datsun.,Grace bros,Arnottes , Didn't have the dole when I was a little kid, everyone worked or the family took care of them, unless they were a axe murderer type mental nutjob then they went to a psycho ward.
That country has so much wealth and power in and on the ground with coal,natural gas,copper ,zinc and thousands of square miles of wheat,rice,barley acres upon acres of cattle,sheep,goats,pigs,roos.
It's sad for me because I saw all that go asside for cheap plastic crap that won't last a year of use, our stuff used to last a lifetime, Just go to a deceased estate sale at a elderly home, they have stuff from 50 years ago, wheelbarrows, garden tools, lounges, side tables, bedroom suites, dining suites, hand tools.
But,who am I to ponder why.

Cool Story Hansel but has little to do with the subject matter of the OP.