Posts Tagged 'China'

China’s Bicycle Graveyard – What Happens When Capitalism Goes Wild

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They say you can’t have too much of a good thing, but when it comes to bike sharing in China this may not be true. The bicycle graveyard in China is an example of what happens when industries are not regulated and there is too much of something and not enough demand for said product. It is capitalism gone wild and the thousands of confiscated and abandoned bicycles in China shows the stark reality of what can ...

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Subsidized Shipping is Costing the USPS & Americans

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It seems that the post office is unable to negotiate deals with shippers without losing money. First we have their deal with Amazon that nets the post office a big fat loss of $1.46 on every package it delivers for the behemoth. Then we have the subsidized shipping agreements such as ePacket that the post office has with China, South Korea and other foreign countries. This allows someone in China to ship a package ...

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