Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Carragher who wrote (72861)	12/26/2007 6:17:19 PM
From: Steve Lokness	Read Replies (2) of 116555

John; Wal mart does improve the standard of living for the community. on average i believe the numbers are like savings of close to $2000 a year if they shop groceries in addition to dry goods at wal mart. that is quite a bit of spendable income in savings. If the walmart stuff is 10% cheaper - that means with a saving of 2,000 per year people are spending 20,000 a year at WalMart. Good grief, there isn't 20,000 dollars worth of stuff there i would want if it is free! I go there maybe once every six months for chain saw bar oil. steve

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