moore_capital54 Posted November 25, 2011 Share Posted November 25, 2011 Never count them out! http://www.twitvid.com/QM7T7 Link to comment Share on other sites More sharing options...
shalab Posted November 25, 2011 Share Posted November 25, 2011 Amen. http://www.nytimes.com/2011/11/26/business/black-friday-shoppers-fan-out-in-the-dark-of-night.html?_r=1&hp Link to comment Share on other sites More sharing options...
stahleyp Posted November 25, 2011 Share Posted November 25, 2011 Dude, moore...fat lady's butt crack. :'( Link to comment Share on other sites More sharing options...
value-is-what-you-get Posted November 25, 2011 Share Posted November 25, 2011 Wow! :o Funny thing is if those wafflemakers were heavily discounted stocks they'd be dropping them like they were on fire! Link to comment Share on other sites More sharing options...
shalab Posted November 26, 2011 Share Posted November 26, 2011 FWIW, the shops were overflowing today in my area. Looks good to the economy. Link to comment Share on other sites More sharing options...
Parsad Posted November 26, 2011 Share Posted November 26, 2011 The shops were overflowing in Vancouver too! So many retailers here tried to hold their own Black Friday sale. Cheers! Link to comment Share on other sites More sharing options...
Kiltacular Posted November 29, 2011 Share Posted November 29, 2011 one of the many classic video's i saw in the last few days. The typical american consumer is like the typical smoker. They try to quit or cutback when they're running low on funds or the price of tobacco goes up. In the end, though, Great Recession or not, they cannot stop themselves from buying anything and everything. And, if it's on "sale" they'll buy it -- even if they haven't made a waffle in their entire lives. Looking at me like, you know, "Stupid...I can always sell it on EBAY." The best thing about this otherwise tragic addiction is that I (we) (even they) can set up our affairs so that we can, at least, profit from this addiction and we aren't even considered dealers. That's the only way I can cope with it...knowing that these profligate addicts will be bitching at the prudent among them 2 score years from now that we need to kick in a bit more to fund their retirement (so they can continue to feed the final years of the addiction). Link to comment Share on other sites More sharing options...
moore_capital54 Posted November 29, 2011 Author Share Posted November 29, 2011 one of the many classic video's i saw in the last few days. The typical american consumer is like the typical smoker. They try to quit or cutback when they're running low on funds or the price of tobacco goes up. In the end, though, Great Recession or not, they cannot stop themselves from buying anything and everything. And, if it's on "sale" they'll buy it -- even if they haven't made a waffle in their entire lives. Looking at me like, you know, "Stupid...I can always sell it on EBAY." The best thing about this otherwise tragic addiction is that I (we) (even they) can set up our affairs so that we can, at least, profit from this addiction and we aren't even considered dealers. That's the only way I can cope with it...knowing that these profligate addicts will be bitching at the prudent among them 2 score years from now that we need to kick in a bit more to fund their retirement (so they can continue to feed the final years of the addiction). I enjoyed this post. The thing we all need to remember about money is that it doesn't disappear it merely transfers around with the most productive and prudent citizens retaining the lions share and turning it into capital for investment purposes. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted November 29, 2011 Share Posted November 29, 2011 Household debt in the July-to-September period fell by 0.6% from the previous quarter to $11.66 trillion, the Federal Reserve Bank of New York said Monday. The driving factor was a drop in mortgage balances, as foreclosures, depressed home sales and lower housing prices reduced the amount outstanding on home loans. Excluding real estate-related debt, consumer debt rose a slight 1.3% from the previous quarter. http://online.wsj.com/article/SB10001424052970204753404577066682927300346.html?mod=WSJ_PersonalFinance_RightMostPopular Link to comment Share on other sites More sharing options...
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