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

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To: benwood who wrote (67368)	8/3/2006 2:25:49 PM
From: shades	Read Replies (2) of 110194

I think SBUX will prove more resistant to recession that some luxuries because you can treat yourself for $3, $2 if you switch to Americanos or drip. Where else will princess go to be SEEN and look fashionable and trendy if not Starbucks? I agree princess will still GO THERE to be SEEN - even if she is broke and cannot afford the drinks. You make good points - how does Starbucks profit when 10 princesses show up - use thier air conditioning and order a free water to drink? I used to be lonely at the library - now lots of people are coming to get that free air conditioning - hehe - space is getting tight! payments even more. I know people who don't have that much money who spend over $250/month at Starbucks... something will have to give in their lives. So far, it's just common financial sense that has given way. The house and car are the last things to go eh? They let the credit cards go, the furniture, the cable, the cell phone, my sister has a HUGE house way beyond her needs that she freezes in every winter because she can't afford to heat it - but it looks BEAUTIFUL and IMAGE IS EVERYTHING to that type eh? hehe The money she spends on beauty type treatments is unbelievable - nails, hair, facials, spa treatments - etc etc

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