Monday, January 12, 2009

Get Ready For It

Squeeeeel!

Drained by the worst consumer-spending slump in decades and burdened by debt, U.S. retailers are expected to begin a wave of post-holiday bankruptcy filings, altering the landscape at malls and on main streets across the country.
I keep thinking that with all the disastrous economic activity going on, prices would fall substantially. It seem now that many companies were getting by on razor thin margins, and cannot lower prices to compete because they'd be selling below cost.

This may not be good news as the survivors, with less competition, raise prices to meet the supply/demand curve.

The good news however.. is that it looks like John's uber expensive new listing in an uber fabulous part of Dallas is sold. He's got full price contract offers. It's so funny to see how the rich asshole scratch and claw at each other to get a house in just the right zip code. You could spend the same money in a very nice area, and get way more house. They really are paying for the zip code, and the standing that comes with it.

Meanwhile, John will get paid more than the median average salary in the United States for doing.. say.. about 5 hours of work. It's not a bad gig, if you can get it.. and getting it is the trick. I am continually amazed.

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