Home › Forums › Financial Markets/Economics › Starbucks Closures!
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July 1, 2008 at 10:40 PM #232288July 1, 2008 at 10:45 PM #232111PortlockParticipant
What is Starbucks a symbol of?
As PabloE mentioned, a Starbucks coffee is one of the first luxury items people can forgo when money’s tight. $4 dollar coffee is a luxury, plain and simple.
But I’m hoping a Starbucks contraction is more than a sign of a drop in consumer spending, more than a change in spending habits. I want it to mark the beginning of a separation from the overly materialistic, overly consumptive culture we live in – exemplified when we see 2, 3 green and white Starbucks signs within 2 blocks of each other.
Is that just wishful thinking, or could this really suggest a return to modest lifestyles where people really live within their means?
July 1, 2008 at 10:45 PM #232233PortlockParticipantWhat is Starbucks a symbol of?
As PabloE mentioned, a Starbucks coffee is one of the first luxury items people can forgo when money’s tight. $4 dollar coffee is a luxury, plain and simple.
But I’m hoping a Starbucks contraction is more than a sign of a drop in consumer spending, more than a change in spending habits. I want it to mark the beginning of a separation from the overly materialistic, overly consumptive culture we live in – exemplified when we see 2, 3 green and white Starbucks signs within 2 blocks of each other.
Is that just wishful thinking, or could this really suggest a return to modest lifestyles where people really live within their means?
July 1, 2008 at 10:45 PM #232245PortlockParticipantWhat is Starbucks a symbol of?
As PabloE mentioned, a Starbucks coffee is one of the first luxury items people can forgo when money’s tight. $4 dollar coffee is a luxury, plain and simple.
But I’m hoping a Starbucks contraction is more than a sign of a drop in consumer spending, more than a change in spending habits. I want it to mark the beginning of a separation from the overly materialistic, overly consumptive culture we live in – exemplified when we see 2, 3 green and white Starbucks signs within 2 blocks of each other.
Is that just wishful thinking, or could this really suggest a return to modest lifestyles where people really live within their means?
July 1, 2008 at 10:45 PM #232284PortlockParticipantWhat is Starbucks a symbol of?
As PabloE mentioned, a Starbucks coffee is one of the first luxury items people can forgo when money’s tight. $4 dollar coffee is a luxury, plain and simple.
But I’m hoping a Starbucks contraction is more than a sign of a drop in consumer spending, more than a change in spending habits. I want it to mark the beginning of a separation from the overly materialistic, overly consumptive culture we live in – exemplified when we see 2, 3 green and white Starbucks signs within 2 blocks of each other.
Is that just wishful thinking, or could this really suggest a return to modest lifestyles where people really live within their means?
July 1, 2008 at 10:45 PM #232292PortlockParticipantWhat is Starbucks a symbol of?
As PabloE mentioned, a Starbucks coffee is one of the first luxury items people can forgo when money’s tight. $4 dollar coffee is a luxury, plain and simple.
But I’m hoping a Starbucks contraction is more than a sign of a drop in consumer spending, more than a change in spending habits. I want it to mark the beginning of a separation from the overly materialistic, overly consumptive culture we live in – exemplified when we see 2, 3 green and white Starbucks signs within 2 blocks of each other.
Is that just wishful thinking, or could this really suggest a return to modest lifestyles where people really live within their means?
July 1, 2008 at 11:01 PM #232121AecetiaParticipantI do my own yard work. That saves a lot of money and is very satisfying. There are a lot of ways to cut back if you compare yourself to your parents life style it is obvious that many of us are pampered compared to our parents and grandparents. I think one of the reasons they were the greatest generation (grandparents) was because they did not whine about their lot in life, but generally made the best of it. I also appreciate what great recyclers my parents and grandparents were. They did not waste anything. I am not one to think that a severe economic downturn will be a good thing, but I believe we can all learn to be more conservative in some areas of our lives.
July 1, 2008 at 11:01 PM #232242AecetiaParticipantI do my own yard work. That saves a lot of money and is very satisfying. There are a lot of ways to cut back if you compare yourself to your parents life style it is obvious that many of us are pampered compared to our parents and grandparents. I think one of the reasons they were the greatest generation (grandparents) was because they did not whine about their lot in life, but generally made the best of it. I also appreciate what great recyclers my parents and grandparents were. They did not waste anything. I am not one to think that a severe economic downturn will be a good thing, but I believe we can all learn to be more conservative in some areas of our lives.
July 1, 2008 at 11:01 PM #232255AecetiaParticipantI do my own yard work. That saves a lot of money and is very satisfying. There are a lot of ways to cut back if you compare yourself to your parents life style it is obvious that many of us are pampered compared to our parents and grandparents. I think one of the reasons they were the greatest generation (grandparents) was because they did not whine about their lot in life, but generally made the best of it. I also appreciate what great recyclers my parents and grandparents were. They did not waste anything. I am not one to think that a severe economic downturn will be a good thing, but I believe we can all learn to be more conservative in some areas of our lives.
July 1, 2008 at 11:01 PM #232294AecetiaParticipantI do my own yard work. That saves a lot of money and is very satisfying. There are a lot of ways to cut back if you compare yourself to your parents life style it is obvious that many of us are pampered compared to our parents and grandparents. I think one of the reasons they were the greatest generation (grandparents) was because they did not whine about their lot in life, but generally made the best of it. I also appreciate what great recyclers my parents and grandparents were. They did not waste anything. I am not one to think that a severe economic downturn will be a good thing, but I believe we can all learn to be more conservative in some areas of our lives.
July 1, 2008 at 11:01 PM #232304AecetiaParticipantI do my own yard work. That saves a lot of money and is very satisfying. There are a lot of ways to cut back if you compare yourself to your parents life style it is obvious that many of us are pampered compared to our parents and grandparents. I think one of the reasons they were the greatest generation (grandparents) was because they did not whine about their lot in life, but generally made the best of it. I also appreciate what great recyclers my parents and grandparents were. They did not waste anything. I am not one to think that a severe economic downturn will be a good thing, but I believe we can all learn to be more conservative in some areas of our lives.
July 1, 2008 at 11:15 PM #232131poorsaverParticipantStock is way up after hours trading. Short sighted traders not seeing the big picture. Cutting 600 stores is obviously bad news for the economy, factoring in job losses and such.
July 1, 2008 at 11:15 PM #232252poorsaverParticipantStock is way up after hours trading. Short sighted traders not seeing the big picture. Cutting 600 stores is obviously bad news for the economy, factoring in job losses and such.
July 1, 2008 at 11:15 PM #232265poorsaverParticipantStock is way up after hours trading. Short sighted traders not seeing the big picture. Cutting 600 stores is obviously bad news for the economy, factoring in job losses and such.
July 1, 2008 at 11:15 PM #232302poorsaverParticipantStock is way up after hours trading. Short sighted traders not seeing the big picture. Cutting 600 stores is obviously bad news for the economy, factoring in job losses and such.
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