Home › Forums › Financial Markets/Economics › Empty Costco
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JES.
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August 23, 2007 at 2:07 PM #79920August 23, 2007 at 2:08 PM #80074
safigueroa12
Participant“I think consumer spending is hanging in there. I can’t explain why.”
I can: Use your credit cards, after you home ATM is gone……….
August 23, 2007 at 2:08 PM #79923safigueroa12
Participant“I think consumer spending is hanging in there. I can’t explain why.”
I can: Use your credit cards, after you home ATM is gone……….
August 23, 2007 at 2:08 PM #80053safigueroa12
Participant“I think consumer spending is hanging in there. I can’t explain why.”
I can: Use your credit cards, after you home ATM is gone……….
August 23, 2007 at 2:09 PM #80077LostCat
ParticipantI went to Costco last night and stood in line for about 10-mins before I could check out because it was so crowded. Then i went to a Saturn Dealer and didn’t see a soul. Then I went to Denny’s and everyone was eating, then I went to an open house and no one was around. when driving through the parking lot near a wal-mart, I saw a lot of crap in a lot of different shopping carts and everything in the carts said “made in China”, I say a short sale sign..
What could this mean?
August 23, 2007 at 2:09 PM #79926LostCat
ParticipantI went to Costco last night and stood in line for about 10-mins before I could check out because it was so crowded. Then i went to a Saturn Dealer and didn’t see a soul. Then I went to Denny’s and everyone was eating, then I went to an open house and no one was around. when driving through the parking lot near a wal-mart, I saw a lot of crap in a lot of different shopping carts and everything in the carts said “made in China”, I say a short sale sign..
What could this mean?
August 23, 2007 at 2:09 PM #80056LostCat
ParticipantI went to Costco last night and stood in line for about 10-mins before I could check out because it was so crowded. Then i went to a Saturn Dealer and didn’t see a soul. Then I went to Denny’s and everyone was eating, then I went to an open house and no one was around. when driving through the parking lot near a wal-mart, I saw a lot of crap in a lot of different shopping carts and everything in the carts said “made in China”, I say a short sale sign..
What could this mean?
August 23, 2007 at 2:16 PM #80090Allan from Fallbrook
ParticipantTelling the American consumer to stop spending is like telling a junkie to quit doing heroin.
We have been conditioned to spend, and a little recession (or depression) ain’t gonna stop us.
People will literally have to see the money (or credit) spigot shut off before they will stop spending.
August 23, 2007 at 2:16 PM #80067Allan from Fallbrook
ParticipantTelling the American consumer to stop spending is like telling a junkie to quit doing heroin.
We have been conditioned to spend, and a little recession (or depression) ain’t gonna stop us.
People will literally have to see the money (or credit) spigot shut off before they will stop spending.
August 23, 2007 at 2:16 PM #79939Allan from Fallbrook
ParticipantTelling the American consumer to stop spending is like telling a junkie to quit doing heroin.
We have been conditioned to spend, and a little recession (or depression) ain’t gonna stop us.
People will literally have to see the money (or credit) spigot shut off before they will stop spending.
August 23, 2007 at 2:45 PM #79954SHILOH
ParticipantI suppose you could start teaching finance and economics in grade school…when they’re 5 years old, or as soon as they learn to count. Some adults…just never get it.
August 23, 2007 at 2:45 PM #80082SHILOH
ParticipantI suppose you could start teaching finance and economics in grade school…when they’re 5 years old, or as soon as they learn to count. Some adults…just never get it.
August 23, 2007 at 2:45 PM #80104SHILOH
ParticipantI suppose you could start teaching finance and economics in grade school…when they’re 5 years old, or as soon as they learn to count. Some adults…just never get it.
August 23, 2007 at 2:58 PM #80097Omega Point
Participant“I think consumer spending is hanging in there. I can’t explain why.”
Simple, because the vast majority of consumers have jobs. Until that changes, they’ll keep on spending. Perhaps the housing recession will lead to an economic recession and people will begin to lose their jobs. Until then, I highly doubt people will stop spending.
August 23, 2007 at 2:58 PM #80120Omega Point
Participant“I think consumer spending is hanging in there. I can’t explain why.”
Simple, because the vast majority of consumers have jobs. Until that changes, they’ll keep on spending. Perhaps the housing recession will lead to an economic recession and people will begin to lose their jobs. Until then, I highly doubt people will stop spending.
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