Lipstick indicator ?

[TheBreeze]

This brings to mind kind of a related issue. How will all the peeps with real-estate related jobs show up in the unemployment figures? For instance, if a real estate agent hasn’t made a sale in 10 months or a mortgage broker hasn’t closed a deal since last summer, they won’t show up on the unemployment rolls with they? A lot of these folks may have already gotten second jobs that pay much less than what they were making during the boom. In that case, would they ever show up in the unemployment figures? I’m guessing not.

Since this is a real-estate related downturn, I expect that the unemployment figures won’t give an accurate picture of this economic slowdown/recession. Instead, average income will likely provide a more accurate depiction.

[bubble_contagion]

Fashion Valley was packed during the holidays and even after when I went for an exchange. I noticed a lot of people from Mexico, maybe taking advantage of the strong Peso or all that oil money or drug money. So I agree, the malls show no signs of recession.

As a matter of fact, during the last (very hard) Argentinian economic crisis a lot of women turned into prostitution so I guess more lipstick sales would make sense.

[bubble_contagion]

Fashion Valley was packed during the holidays and even after when I went for an exchange. I noticed a lot of people from Mexico, maybe taking advantage of the strong Peso or all that oil money or drug money. So I agree, the malls show no signs of recession.

As a matter of fact, during the last (very hard) Argentinian economic crisis a lot of women turned into prostitution so I guess more lipstick sales would make sense.

[bubble_contagion]

Fashion Valley was packed during the holidays and even after when I went for an exchange. I noticed a lot of people from Mexico, maybe taking advantage of the strong Peso or all that oil money or drug money. So I agree, the malls show no signs of recession.

As a matter of fact, during the last (very hard) Argentinian economic crisis a lot of women turned into prostitution so I guess more lipstick sales would make sense.

[bubble_contagion]

Fashion Valley was packed during the holidays and even after when I went for an exchange. I noticed a lot of people from Mexico, maybe taking advantage of the strong Peso or all that oil money or drug money. So I agree, the malls show no signs of recession.

As a matter of fact, during the last (very hard) Argentinian economic crisis a lot of women turned into prostitution so I guess more lipstick sales would make sense.

[bubble_contagion]

Fashion Valley was packed during the holidays and even after when I went for an exchange. I noticed a lot of people from Mexico, maybe taking advantage of the strong Peso or all that oil money or drug money. So I agree, the malls show no signs of recession.

As a matter of fact, during the last (very hard) Argentinian economic crisis a lot of women turned into prostitution so I guess more lipstick sales would make sense.

[kewp]

I’ve always said that only poor people shop at malls.

I wonder if this is just the death-rattle as consumer max out the last of their credit cards; or maybe we are all missing something?

[kewp]

I’ve always said that only poor people shop at malls.

I wonder if this is just the death-rattle as consumer max out the last of their credit cards; or maybe we are all missing something?

[kewp]

I’ve always said that only poor people shop at malls.

I wonder if this is just the death-rattle as consumer max out the last of their credit cards; or maybe we are all missing something?

[kewp]

I’ve always said that only poor people shop at malls.

I wonder if this is just the death-rattle as consumer max out the last of their credit cards; or maybe we are all missing something?

[kewp]

I’ve always said that only poor people shop at malls.

I wonder if this is just the death-rattle as consumer max out the last of their credit cards; or maybe we are all missing something?

[TheBreeze]

I’ve noticed a lot of foreigners at the malls as well. And not just Spanish speakers, but all different types of languages — Easter Europeans, Asians, British, Australian — pretty much every corner of the world. I think a lot of foreigners are taking advantage of the weak dollar. Maybe the foreigners can keep retail from totally collapsing.

[TheBreeze]

I’ve noticed a lot of foreigners at the malls as well. And not just Spanish speakers, but all different types of languages — Easter Europeans, Asians, British, Australian — pretty much every corner of the world. I think a lot of foreigners are taking advantage of the weak dollar. Maybe the foreigners can keep retail from totally collapsing.

[TheBreeze]

I’ve noticed a lot of foreigners at the malls as well. And not just Spanish speakers, but all different types of languages — Easter Europeans, Asians, British, Australian — pretty much every corner of the world. I think a lot of foreigners are taking advantage of the weak dollar. Maybe the foreigners can keep retail from totally collapsing.

[TheBreeze]

I’ve noticed a lot of foreigners at the malls as well. And not just Spanish speakers, but all different types of languages — Easter Europeans, Asians, British, Australian — pretty much every corner of the world. I think a lot of foreigners are taking advantage of the weak dollar. Maybe the foreigners can keep retail from totally collapsing.

[Author]

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