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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: Amelia Carhartt who wrote (73173)4/15/2011 9:59:26 AM
From: elmatador  Read Replies (1) of 218084
 
I made the same observation. In Germany you have three tier of stuff you want to buy: clothes and shoes.

Low
Medium
High

Between the mid-80s to early 90s I worked in northern Nigeria (Temp. between 24 to 33ª C) very few items of clothing needed.

I used to buy clothes once year in Germany since I worked for Munich-based compnay and went there once a year.

Stuff needed to be low tier since the house help did not know how to use washing machines.

Thus it was a waste to buy any clothing items.

Just bought a few items middle tier clothes and shoes.

The bulk were boxer shorts, socks, shirts and trousers and was amazed how good cheap stuff and how long they lasted.

March 2009, I had a workshop in Munich and decided to buy a few things: (I'm in Angola same situation as Nigeria)

I discovered the cheap stuff was no longer good and really crap indeed.

The conclusion can be that:

what was once low tier is now middle and what was middle is now top tier.
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