Home › Forums › Financial Markets/Economics › Lipstick indicator ?
- This topic has 65 replies, 9 voices, and was last updated 16 years, 10 months ago by kewp.
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January 20, 2008 at 6:26 PM #139528January 20, 2008 at 8:16 PM #139334CDMA ENGParticipant
CDMA ENG…
My grandfather is a succesful barber. Still working 65 years later and has nine chairs in his shop. Only works because of the social aspect of it. A true old time barber shop complete with the good ol’ boys sitting outside. He caters to a blue collar town.
I asked him once how he fairs during recession. He told me business is always up during that time. Claims it is a cheap way for people to keep thier self-esteem up or looking good incase of a job interview. Hence he does better.
By the way he charges 10.50 for a haircut.
Seems to support the logic of this thread.
Take care,
C.E.
January 20, 2008 at 8:16 PM #139569CDMA ENGParticipantCDMA ENG…
My grandfather is a succesful barber. Still working 65 years later and has nine chairs in his shop. Only works because of the social aspect of it. A true old time barber shop complete with the good ol’ boys sitting outside. He caters to a blue collar town.
I asked him once how he fairs during recession. He told me business is always up during that time. Claims it is a cheap way for people to keep thier self-esteem up or looking good incase of a job interview. Hence he does better.
By the way he charges 10.50 for a haircut.
Seems to support the logic of this thread.
Take care,
C.E.
January 20, 2008 at 8:16 PM #139548CDMA ENGParticipantCDMA ENG…
My grandfather is a succesful barber. Still working 65 years later and has nine chairs in his shop. Only works because of the social aspect of it. A true old time barber shop complete with the good ol’ boys sitting outside. He caters to a blue collar town.
I asked him once how he fairs during recession. He told me business is always up during that time. Claims it is a cheap way for people to keep thier self-esteem up or looking good incase of a job interview. Hence he does better.
By the way he charges 10.50 for a haircut.
Seems to support the logic of this thread.
Take care,
C.E.
January 20, 2008 at 8:16 PM #139597CDMA ENGParticipantCDMA ENG…
My grandfather is a succesful barber. Still working 65 years later and has nine chairs in his shop. Only works because of the social aspect of it. A true old time barber shop complete with the good ol’ boys sitting outside. He caters to a blue collar town.
I asked him once how he fairs during recession. He told me business is always up during that time. Claims it is a cheap way for people to keep thier self-esteem up or looking good incase of a job interview. Hence he does better.
By the way he charges 10.50 for a haircut.
Seems to support the logic of this thread.
Take care,
C.E.
January 20, 2008 at 8:16 PM #139641CDMA ENGParticipantCDMA ENG…
My grandfather is a succesful barber. Still working 65 years later and has nine chairs in his shop. Only works because of the social aspect of it. A true old time barber shop complete with the good ol’ boys sitting outside. He caters to a blue collar town.
I asked him once how he fairs during recession. He told me business is always up during that time. Claims it is a cheap way for people to keep thier self-esteem up or looking good incase of a job interview. Hence he does better.
By the way he charges 10.50 for a haircut.
Seems to support the logic of this thread.
Take care,
C.E.
January 20, 2008 at 10:07 PM #139676bubble_contagionParticipantNo kidding, yesterday at the book store I noticed that the book I wanted to buy said: US$32, CAN$40. So sad.
January 20, 2008 at 10:07 PM #139632bubble_contagionParticipantNo kidding, yesterday at the book store I noticed that the book I wanted to buy said: US$32, CAN$40. So sad.
January 20, 2008 at 10:07 PM #139583bubble_contagionParticipantNo kidding, yesterday at the book store I noticed that the book I wanted to buy said: US$32, CAN$40. So sad.
January 20, 2008 at 10:07 PM #139605bubble_contagionParticipantNo kidding, yesterday at the book store I noticed that the book I wanted to buy said: US$32, CAN$40. So sad.
January 20, 2008 at 10:07 PM #139369bubble_contagionParticipantNo kidding, yesterday at the book store I noticed that the book I wanted to buy said: US$32, CAN$40. So sad.
January 21, 2008 at 12:51 AM #139414little ladyParticipant“I seem to remember that, historically, entertainment products do well in recession/depressions. Lots of unemployed folks looking for a cheap way to pass the time.”
My grandfather was the manager of a movie theatre throughout the depression. My father says that was a good job to have because people went to the movies for “relief”(of their troubles). They found the money for that at least. Consequently, their family maintained a decent lifestyle during that time.
January 21, 2008 at 12:51 AM #139649little ladyParticipant“I seem to remember that, historically, entertainment products do well in recession/depressions. Lots of unemployed folks looking for a cheap way to pass the time.”
My grandfather was the manager of a movie theatre throughout the depression. My father says that was a good job to have because people went to the movies for “relief”(of their troubles). They found the money for that at least. Consequently, their family maintained a decent lifestyle during that time.
January 21, 2008 at 12:51 AM #139677little ladyParticipant“I seem to remember that, historically, entertainment products do well in recession/depressions. Lots of unemployed folks looking for a cheap way to pass the time.”
My grandfather was the manager of a movie theatre throughout the depression. My father says that was a good job to have because people went to the movies for “relief”(of their troubles). They found the money for that at least. Consequently, their family maintained a decent lifestyle during that time.
January 21, 2008 at 12:51 AM #139721little ladyParticipant“I seem to remember that, historically, entertainment products do well in recession/depressions. Lots of unemployed folks looking for a cheap way to pass the time.”
My grandfather was the manager of a movie theatre throughout the depression. My father says that was a good job to have because people went to the movies for “relief”(of their troubles). They found the money for that at least. Consequently, their family maintained a decent lifestyle during that time.
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