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Strategies & Market Trends : SiliconInvestor All Stars Forum

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To: John Vosilla who wrote (1650)4/2/2008 11:59:49 AM
From: blazenzimRead Replies (1) of 1718
 
<Have you guys looked to see the devestation in stock prices since November in areas that have nothing to do with the housing/credit crisis?>

Like what? Our entire economy is tied to the ability to borrow and spend beyond our collective means.

You mentioned Borders and Circuit City yesterday. Borders is screwed because only idiots buy books at full retail in physical stores. Circuit City is screwed because they fired all of their good store employees and hired a bunch of illegal Mexicans who can barely speak english. Both companies depend on consumers to spend beyond their means for their existence.
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