SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JHP who wrote (205410)11/18/2002 10:36:44 AM
From: Earlie  Read Replies (6) of 436258
 
JHP:

This burgeoning lay-off wave is a Tsunamia. It amazes me that it gets so little press, particularly when it is recognized that "the consumer" is carrying the can as far as the current economy is concerned.

Pink slips have a powerful effect not only on the buying ability of the recipient, but also on his neighbours, friends, acquaintances, etc., who start to (correctly) think along the lines of "I may be in that same ugly boat in the future, so I had better scale back my lifestyle".

Of course none of this can have any impact on stock prices. (g)

Best, Earlie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News