Australia has actual consumer protections such as mandatory warranty repair for years on most high end electronics. This is the “real price” that includes the vendor’s estimated failure rate and cost to repair.
Americans pay the same amount, but… stochastically.
PS: Health care is similar. Australians pay a fairly predictable amount via taxes and Medicare, Americans gamble with bankruptcy every time they break a leg. But hey, if they don’t break a leg then the “system works”!
Americans pay the same amount, but… stochastically.
PS: Health care is similar. Australians pay a fairly predictable amount via taxes and Medicare, Americans gamble with bankruptcy every time they break a leg. But hey, if they don’t break a leg then the “system works”!