They drove manufacturing jobs in droves to China in the good times and we shopped there for "everyday low prices," shopped ourselves straight out of our own jobs. And now that the good times seem to have vanished overnight, we're still shopping there because it's all we can afford.
Welcome to the world of Wal-Mart.
While still feeling the pinch just a tad, Wal-Mart exceeded analysts' forecasts for fourth-quarter profits. And, yes, sales were up too - $109 billion up from $107-billion for the same quarter in 2007.
Chrysler and GM may be headed the way of the dodo bird but Wal-Mart seems immune to the downturn.