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Economic Issues Business, Commerce, Consumer Affairs, Economics, Public Finance, Trade

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  #16 (permalink)  
Old 07-14-2008
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iamwhatiseem iamwhatiseem is offline
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by Steve View Post
I'm sure it's only a matter of time before some good lib sees the injuestice in the fact that some Ripple-drinkin'-welfare-mother can't afford one, and will insist that she be given one, courtesy of those of us who can actually afford to buy our own...


That has already happened Steve...Author Touts Cell Phones as Vital Economic Resource for the Poor
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  #17 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by iamwhatiseem View Post


Why am I not surprised?
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  #18 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by iamwhatiseem View Post
Burn!
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  #19 (permalink)  
Old 07-14-2008
Georgerufus Georgerufus is offline
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by BDaileyPLS3060 View Post
Lots of things don't make sense about the economy and how everyone has it so bad. 30 minute wait to get a table at Outback on a tuesday evening. The fact that the local high schools have to restrict the number of student parking passes due to limited parking availability. Can't get a tee time at anyone of a half dozen golf courses before noon on most weekdays. The economy sucks but it's not reflected by a lot of the patterns I see.
I don't think there are many tables in the outback at all unless you bring a fold up one in the back of your car.

Its because obviously the economy has a degree of diversification some people still have money.
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  #20 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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I don't think there are many tables in the outback at all unless you bring a fold up one in the back of your car.

Its because obviously the economy has a degree of diversification some people still have money.
No.
Some people still have money yes, but a more correct statement is people still have credit to blow.
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  #21 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by Donkey_Left View Post
Just because the economy sucks doesn't mean that nobody has disposable income. It just means that a lot don't.

There are an ass load of wealthy people here (spent the weekend at one of their houses, actually) but that doesn't mean that Ecuador isn't an impovershed country.
See what happens when you confuse the issue with facts? They just ignore you.

Kind of pathetic, eh?
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  #22 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by pramjockey View Post
See what happens when you confuse the issue with facts? They just ignore you.

Kind of pathetic, eh?
Sure is...the American economy was/is built on a house of sand called runaway debt spending, so much so that 67% of every consumer dollar was borrowed money.
I have said this over and over in this thread as well as others - and it is always ignored - thanks for bring that up.
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  #23 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by iamwhatiseem View Post
Sure is...the American economy was/is built on a house of sand called runaway debt spending, so much so that 67% of every consumer dollar was borrowed money.
I have said this over and over in this thread as well as others - and it is always ignored - thanks for bring that up.
Oh, while we have had our differences in other areas, I'd have to say that our perspective on economics is pretty damn close.

I suspect things are going to get a lot worse before they get better.
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  #24 (permalink)  
Old 07-14-2008
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Re: Economy Sucks Yet People Line up For Iphones

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Originally Posted by pramjockey View Post
Oh, while we have had our differences in other areas, I'd have to say that our perspective on economics is pretty damn close.

I suspect things are going to get a lot worse before they get better.
Aye...though ridiculed by many here I have since February said the DOW will dip into the 10000's by August...you could actually hear the snickering...alas today the DOW closed at only 56 measly points away from that number..indeed the DOW will likely fall into the 10000's tomorrow...maybe Wednesday.
NOt something I really wanted to be right about - but it is really not that hard to see.
The ENTIRE markets have lost $2,500,000,000,000...that is everyone who has money in the stock market has lost that much money in 6 months...It is a easy prediction as well that the market could reach -$4 trillion by year end.

Again I refer to my sig...
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