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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (50719)1/22/2006 7:35:21 AM
From: shades  Read Replies (1) of 110194
 
These are the costs of goods and services he needs in his basic daily survival.

My propel water costs went down at walmart - but my dental costs keep going up - I need both.

Many are provided directly or indirectly by either the government or monopoly.

I posted on real estate where wall street is moving into selling toll roads - all the roads used to be pretty much free eh? We pay a gas tax to maintain the roads right - and then have to pay a toll fee too - what of the people in Tampa that ONLY use the toll road for like 99% of thier travel - why should they pay a gas tax for road maintenance on roads they never use?

Others would just shut down if the can't make a profit..

What i just posted about zimbabwe barber shops and hair salons seems to be the case - why stay in business if you cant make profit? Zimbabwe women just shave thier head now instead of getting hairdo - food they NEED - hairdo is luxury.

Most outside of clothing, some household items and basic electronic gadgets are not dependent at all on globalization or China..

Economies are local and regional just as they are global - what the internet and databases and just in time inventory could do for the globabl economy is playing out with cheaper and cheaper global labor. Maybe china will soon fear unemployed zimbabwe hairdressors taking thier manufacturing jobs - hehe. Hummer 3's are being built in africa now - But as I have said to general chen often - on the global race to the bottom for cheap labor - once we hit africa - that pony ride will be played out eh?
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