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After panic buying, Chinese seek refunds on salt


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la-fg-china-radiation-salt-20110322,0,1924696.story?track=rss
Los Angeles Times:

Reporting from Beijing—

The panic buying of salt that swept China last week amid fears of radiation from Japan has been replaced with a new frenzy: how to get a refund.

Many shoppers now reportedly feel buyers' remorse after realizing that there was no shortage of salt in China and that radiation from the crippled Fukushima Daiichi nuclear plant in northeastern Japan posed little threat to coastal sea salt deposits.

The hoarders are now lining up at grocery stores to ask for their money back, especially from shopkeepers who charged as much as 10 times the normal prices for the seasoning, according to Chinese news reports. :snip:

Though it was initially thought that shoppers were buying iodized salt, confusing it with the iodine that helps ward off the effects of radiation, many interviewed said they were buying it simply because they saw so many others snapping it up. :snip:

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The US does not even own the market for stupid citizens....
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