General Discussion

quaker bill

(8,223 posts)

7. Two problems with this analysis

Tue Feb 26, 2013, 08:30 AM

Feb 2013

1) permanent contraction in the economy - don't think so.

2) global currency wars / devaluations - no real evidence - and even if so little is better to deal with it than "just in time inventory". (what you don't want in such a scenario is a huge stash of goods bought with yesterday's money)

There is a problem called creative destruction, where someone will find the weakness in their model and exploit it. They are huge and being huge is inherently risky, because if it unravels, it goes large and fast.

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Highlight:

Kunstler--Scale Implosion: After Ruining America, the Era of Giant Chain Stores Is Over [View all] eridani Feb 2013 OP

I don't know Demeter Feb 2013 #1

The "law"? xtraxritical Feb 2013 #12

The laws of Nature, not of Men Demeter Feb 2013 #19

This guy is a crank who hasn't a clue as to what he's talking about. Ikonoklast Feb 2013 #2

Two problems with this analysis quaker bill Feb 2013 #7

Slight disagreement. Katashi_itto Feb 2013 #20

except that the top 20% drives 60% of it. the bottom 60% = about 40% of consumer spending. HiPointDem Feb 2013 #29

Sorry Cite that. Thats not correct. Katashi_itto Feb 2013 #30

Sorry, you're misinformed. and it follows logically from the distribution of income. HiPointDem Feb 2013 #37

Moody's Analytics is trying to sell the glorious 1% by skewing the figures. loudsue Feb 2013 #38

The bottom 50% of earners take home 12% of income. You can't spend more than you get. HiPointDem Feb 2013 #39

Totally accurate...Moody's is pushing a myth. Katashi_itto Feb 2013 #43

totally "accurate"? what? Is the IRS pushing a myth too, when they tell us the bottom 50% of HiPointDem Feb 2013 #48

You obviously do. Its not taxes itself that drive the economy. Its consumers. Katashi_itto Feb 2013 #49

it's nothing to do with taxes. can you read?? HiPointDem Feb 2013 #54

You cant, thats for sure. I am not talking about taxes. Katashi_itto Feb 2013 #55

OH? "Its not taxes itself that drive the economy. Its consumers". Yes, and the bottom 50% of HiPointDem Feb 2013 #56

You must get all your talking points from "The Blaze" Katashi_itto Feb 2013 #57

i don't know whether you *can't* understand or *won't* understand, but either way, not worth HiPointDem Feb 2013 #58

I agree, you aren't worth the time. Katashi_itto Feb 2013 #59

note the column labeled "PERCENT OF ALL INCOME". TOP 10% has nearly half. HiPointDem Feb 2013 #60

Christ, you dont have a clue. Income doesnt automatically equate to spending. You simply prove Katashi_itto Feb 2013 #61

Moodys and WSJ? Oh their credible....Sorry you buy into propaganda. (Snicker) Katashi_itto Feb 2013 #42

The bottom 50% of workers make 12% of total income. If you think they're a big consumer HiPointDem Feb 2013 #47

Katashi_itto Feb 2013 #44

Whatever the "top".... sendero Feb 2013 #35

1) probably, yes Spider Jerusalem Feb 2013 #40

The energy market has changed quaker bill Feb 2013 #45

We are not talking about shale gas, or coal, we are talking about oil. Spider Jerusalem Feb 2013 #46

The Marcellus and Utica gas fields are enormous. Ikonoklast Feb 2013 #50

Talk anything you like quaker bill Feb 2013 #62

Crank? jollyreaper2112 Feb 2013 #16

He has no formal training as an economist, as an engineer, as a psychologist. Ikonoklast Feb 2013 #18

Do you? whatchamacallit Feb 2013 #22

He stated opinions about an industry in which I am fairly knowledgeable. He isn't. Ikonoklast Feb 2013 #24

His ideas about suburbia and urban blight have been spot-on. Doremus Feb 2013 #33

But the most likely cause for those is not the reasons he states. Ikonoklast Feb 2013 #52

I think his ideas... sendero Feb 2013 #36

hmm jollyreaper2112 Feb 2013 #23

ECONOMY OF SCALE ECONOMICS IS UNSUSTAINABLE...nt Evasporque Feb 2013 #17

More power to Mayor Bloomberg for keeping Walmart out of Manhattan now for 11 years graham4anything Feb 2013 #3

Wasn't Walmart expanding into banking? Spitfire of ATJ Feb 2013 #4

He wishes! Quantess Feb 2013 #5

Online shopping. safeinOhio Feb 2013 #10

& most of the traffic is controlled by big corporations like amazon. HiPointDem Feb 2013 #28

Don't think so. It's more like the lack of demand due to the economy. duffyduff Feb 2013 #32

The cost of transportation will hold down Internet shopping. BlueStreak Feb 2013 #53

A return to the Mom & Pop store business model.... Sekhmets Daughter Feb 2013 #26

Yup and yup. nt Doremus Feb 2013 #34

Probably all of those great pictures of those lovely... Hubert Flottz Feb 2013 #6

Kunstler is a long-time doom and gloomer NoMoreWarNow Feb 2013 #8

Here in suburbia we've been feral tribes scrounging for edible tubers ever since Kunstler first Ikonoklast Feb 2013 #11

LOL! NoMoreWarNow Feb 2013 #31

Want to really save money, safeinOhio Feb 2013 #9

Kuntstler may be way overstating the case, but.... Jerry442 Feb 2013 #13

And add to that how the executive class and stockholders (owners) of these large businesses gtar100 Feb 2013 #15

I wouldn't mind the return of locally owned, Mom and Pop shops AndyA Feb 2013 #14

Dollar General and Family Dollars Stores are popping up everywhere. Ganja Ninja Feb 2013 #21

I have read that Walmart is actually thinking of changing to the Dollar Store snagglepuss Feb 2013 #27

That's right mokawanis Feb 2013 #41

I would think then, with disposable income contracting ... Myrina Feb 2013 #25

I was at a Target store on Sat and it was packed ThomThom Feb 2013 #51