good ZH article, what I found interesting was the "new European market". Talk about a canary in a coal mine....
snip:
Aug. 27 (Telegraph) – Unilever will adopt marketing strategies used in developing countries in order to drive future growth in Europe.
Then we find out that Unilever will market to Europeans like they do to Indonesians:
“In Indonesia, we sell individual packs of shampoo for 2 to 3 cents and still make decent money,” said Mr Zijderveld. “We know how to do that, but in Europe we have forgotten in the years before the crisis.”
http://www.zerohedge.com/news/math-behind-italys-28000-cash-gold-outlets
snip:
Aug. 27 (Telegraph) – Unilever will adopt marketing strategies used in developing countries in order to drive future growth in Europe.
Then we find out that Unilever will market to Europeans like they do to Indonesians:
“In Indonesia, we sell individual packs of shampoo for 2 to 3 cents and still make decent money,” said Mr Zijderveld. “We know how to do that, but in Europe we have forgotten in the years before the crisis.”
http://www.zerohedge.com/news/math-behind-italys-28000-cash-gold-outlets