answersLogoWhite

0

Because Walmart is the leading supermarket chain. However it buys mainly from offshore. So basically, all the money Americans spend at walmart goes to china.

Say, were playing monopoly. Everytime I buy property I throw that money away. We will call the floor China. So by the time I buy all the property on the board all the money is in China. Now every time you land on a space, or say shop a space, I keep that money. We will call you America.

Also, most people who work at walmart shop at walmart because most walmart employees don't have much money and walmart is cheap. So that money doesn't go back into the economy except for bills.

There you have it.

So here is the cycle at a glimpse

Money>You>Walmart>China
^
Walmart Employee^>Utilities
^
Walmart

To give an idea of why this is a big deal, walmart/sams club employs more people than the us government, that includes the military. Also when walmart donates money, they get a tax break. That tax money is basically taken from U.S. and given to China.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Is Walmart good for the economy?

People will have their own opinions about this. In my opinion, Walmart is not good for the economy. They have put many stores out of business and that is not a good thing.


What actors and actresses appeared in Boom Bust Boom Bust Boom - Your Part in Ruining the Economy - 2014?

The cast of Boom Bust Boom Bust Boom - Your Part in Ruining the Economy - 2014 includes: Philip Bulcock as Various Terry Jones as himself


Is walmart bad for the economy?

yes I believe no, but that is an opinion.


What are two problems affecting Canada's economy?

Two problems affecting Canada's economy is Quebec wanting to withdraw from Canada and acid rain ruining Canada's lakes and forest. Glad to help :)


How does sunbathing affect the economy?

Govt has to spend money to clean litter on beaches by sunbathers. which means that sunbathers are ruining the enviroment


What is a sentence for ruining?

You are ruining everything!The rain was ruining her hair.


How does a Walmart owner help the economy?

by giving its customers free products. amen.


What happened to the southern economy after the Civil War?

The South's economy was ruined. The war had taken place on Southern land, ruining all of the farmland. And since the South had put all of their eggs in the farming basket, they were doomed.


What happened After the Civil War the southern economy?

The South's economy was ruined. The war had taken place on Southern land, ruining all of the farmland. And since the South had put all of their eggs in the farming basket, they were doomed.


Why are the American people letting ObamaCare ruin the economy?

ObamaCare is not ruining the economy. The government shutdown, the sequester, and the threat of defaulting on the debt by refusing to raise the debt ceiling are ruining the economy. Another answer: Obamacare is causing many problems. Businesses are closing down because they cannot afford it, people's hours are being cut back, and the thing is showing to be difficult to implement. 60% of the American people want nothing to do with this act. It was supposed to lower health costs, but in fact costs are rising dramatically. The government shutdown was not ruining anything .. We take in enough in taxes to pay our debt. The people that fought the good fight against him are to be appauded.


Are minorities ruining America?

No. Congress is ruining America.


Does Walmart sell a 6 gallon shop vac?

Walmart lists some models that are out of stock. Fortunately, the Shop-Vac Corporation Industrial Economy Series wet/Dry 6 gallon vacuum is current available from Walmart for $185.00