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Old 06-25-2008, 09:34 PM
 
Location: um....guess
10,503 posts, read 15,564,932 times
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Quote:
Originally Posted by mimimomx3 View Post
And if they do, do they do it 'at the mall'??? It's all online...
I don't know about the mall thing, I hate going there. However, I have never bought clothes online...it seems like such a pain to get it, try it on, doesn't fit so then you have to send it back. No thanks, I guess I'd rather actually go to the store for certain items. But I can tell you, I don't shop at either of those stores. Sorry if I seem like a snob!
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Old 06-26-2008, 11:46 AM
 
13,053 posts, read 12,950,358 times
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I always thought many of those stores were overpriced even with a quality comparison. Maybe more people are starting to see the same?
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Old 06-26-2008, 01:10 PM
 
Location: Denver, Colorado U.S.A.
14,164 posts, read 27,225,839 times
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Quote:
Originally Posted by desertsun41 View Post
Just another sign of this recession strangling us. Even Home Depots and Starbucks are closing. Linins & Things shut the whole schmear down as well as Rite Aid and many others. I even see some McDonalds are closing.

Stores that have been around for what seems like forever and biting the dust.

Even Ford and General Motors said they just can not sustain one more year of loses or they will have to close the doors forever.

The only thing not closing are gas stations.

You ain't seen nothing yet. What we are in for will make the Great Depression look like a blip on the radar.
Actually I've heard about gas stations closing too - apparently the higher the price of gas, the higher the credit card fees that the station owners have to pay, which cut into their profits.

Thinking about my own spending habits, I haven't bought clothes in a long time, other than one pair of shorts for summer. The majority of my money just goes for life's necessities, so mostly Target and Costco. The rest of my money goes for utilities, gas (I'm still only spending $60 a month on gas) car payment, mortgage, etc. There's not much left over for fun this year.
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Old 06-26-2008, 02:19 PM
 
Location: wrong planet
5,168 posts, read 11,438,003 times
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And another record day for oil, over $140 a barrel now and stocks tumbled 350 points.
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The price of anything is the amount of life you exchange for it. ~Henry David Thoreau


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Old 06-26-2008, 02:24 PM
 
20,187 posts, read 23,852,928 times
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Yeah... you know what I said on the phone yesterday? I said, I expected stocks to tumble 500 points within a week... some guy overheard me and laughed it off... I guess he ain't laughing anymore.... something much, MUCH more serious is coming down the line... its getting closer... I would be prepared... I expect the stock market to end its session earlier because of huge drops but that's my prediction... The Fed NEEDS to raise the fed rate and do so on a significant factor... maybe 2% increase (the higher the better)... it won't happen... Big Business likes the free money (and wasting it)... by the way, that free money? Its taxpayers money...
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Old 06-26-2008, 02:30 PM
 
Location: wrong planet
5,168 posts, read 11,438,003 times
Reputation: 4379
Yep, I suspect that oil will continue to go up for a while longer and stocks will tumble a lot lower and food and gas prices will rise even higher.
But hey, we got our big "stimulation" check... LOL.
What a mess we are in. I think it will take quite some time for us to dig out of this hole we are in.
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The price of anything is the amount of life you exchange for it. ~Henry David Thoreau


forum rules, please read them
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Old 06-26-2008, 03:28 PM
 
Location: Huntington, NY
889 posts, read 2,406,555 times
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Quote:
Originally Posted by katzenfreund View Post
Yep, I suspect that oil will continue to go up for a while longer and stocks will tumble a lot lower and food and gas prices will rise even higher.
But hey, we got our big "stimulation" check... LOL.
What a mess we are in. I think it will take quite some time for us to dig out of this hole we are in.
Not according to some people.....everything is just fine and dandy and the clothing trend has changed lol

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Old 06-26-2008, 11:25 PM
 
11,944 posts, read 14,781,454 times
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oppsie double post-- something weird was going on with citydata. anyway, the first bloomberg link is measuring this june against the depression, the second bloomberg link is reporting a 60% plumet of asian bonds.
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Old 06-27-2008, 12:39 AM
 
Location: USA
2,593 posts, read 4,238,812 times
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Quote:
Originally Posted by katzenfreund View Post
Yep, I suspect that oil will continue to go up for a while longer
Oil prices will continue to climb steadily pretty much forever. I have a family member that works at Goldman Sachs, and you should see what they project the price of oil to be in 2020. Let me put it this way, by then EVERYONE will either be driving an electric or hydrogen car. The price of a gallon of gasoline by then will be so high that even the wealthy will not be able to afford driving a vehicle with an internal combustion engine.
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