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Retailers will close 12,000 stores in 2009
- Thread starter ByLoSellHi
- Start date
Quote from Thunderdog:
Followed by the other real question: How old are you?
Obviously Im not an old timer like you.
Newsflash from 10 years ago. Video games are catered to adults more than kids nowdays.
Here is some advice, get a Wii. You can get some light exercise without worrying about your hip bone breaking. Might even have some fun while you're at it.
Consumers are de leveraging just like banks so guess what. No more consumers buying 80 dollar shoes made in china for 1 dollar or overpriced womens clothing made in india,vietnam for 100 bucks but the cost basis 30 cents per item.
I'll leave the Wii to you and your hip bones. I work out at the gym for a little over 6 hours a week and don't pretend to get my workouts from video games. I'll leave those fanciful notions to you. Apart from some minimal eye-hand coordination benefits, video games strike me as being little more than mental chewing gum.Quote from Anaconda:
Obviously Im not an old timer like you.
Newsflash from 10 years ago. Video games are catered to adults more than kids nowdays.
Here is some advice, get a Wii. You can get some light exercise without worrying about your hip bone breaking. Might even have some fun while you're at it.
Quote from KINGOFSHORTS:
Consumers are de leveraging just like banks so guess what. No more consumers buying 80 dollar shoes made in china for 1 dollar or overpriced womens clothing made in india,vietnam for 100 bucks but the cost basis 30 cents per item.
Exactly right, do you think consumers will ever realize this?
Quote from S2007S:
Exactly right, do you think consumers will ever realize this?
I think they are starting to get the message, eventually the correction always comes and nothing the government will do to try and artificially prop up this economy will work anymore. It is done for.
The USA will need to rethink it's strategy of a purely consumption based (export wages/debt, import goods and services/H1B foreign cheap white collar employees + pocket outrageous spreads) philosophy.
Quote from bloomberg:
About 200,000 stores may close in 2009, compared with a record 160,000 in 2008, Flickinger said.
Quote from CaptainObvious:
Circuit City to liquidate remaining US stores.
Bankrupt Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, said Friday it failed to find a buyer and will liquidate its 567 U.S. stores. The closures could send another 30,000 people into the ranks of the unemployed.
"493 million jobs lost worldwide" seems to be reality
http://elitetrader.com/vb/showthread.php?s=&threadid=150126
Quote from Thunderdog:
I'll leave the Wii to you and your hip bones. I work out at the gym for a little over 6 hours a week and don't pretend to get my workouts from video games. I'll leave those fanciful notions to you.
Actually, I do have a Wii, it's a blast. Got it as a present from my girlfriend. You should try, maybe you get a chance to smile and experience that strange feeling called "FUN". Plus, it might help you get that stick out of your ass and loosen up.
As for your "non-pretend" workout, something tells me you're one of those guys spending an hour walking on the treadmill to feel like you had a work out. Then does a light weights routine with a notebook to write down everything, as if to confirm, while all serious as shit. As someone who actually trains for grappling competitions, guys like you are funny to me.
Just to be clear. I'm 50 and have worked out for most of my adult life. I work with weights to failure and then conclude with intense cardio on a treadmill at maximum incline, and a 10- to 12-minute non-stop ab routine. I have never used a notebook; I go to my limit. I'll leave the grappling to you and the boys.Quote from Anaconda:
...As for your "non-pretend" workout, something tells me you're one of those guys spending an hour walking on the treadmill to feel like you had a work out. Then does a light weights routine with a notebook to write down everything, as if to confirm. As someone who actually trains for grappling competitions, guys like you are funny to me.