Retailers are going to have a very bad holiday season this year. With the economy already in bad shape, the list of recalled toy products from China is growing longer and longer. The #1 reason for the recalls is lead paint.
There's a good bet that there will be a huge recall just before the holiday shopping season really starts, which will put the retailers into a tailspin.
The retail sector is in big trouble. This is what happens when manufacturing is shipped overseas in the name of more profits when the finished product hits the market. Eventually it comes around and bites everybody HARD.
Welcome to the dark side of globalization.
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