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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: zebra4o1 who wrote (21757)	11/14/2004 12:39:08 AM
From: mishedlo	Read Replies (1) \| Respond to of 110194

Wickes furniture is running an ad, no interest and no finance charges accrued accrued until 2008. Mish

To: zebra4o1 who wrote (21757)	11/14/2004 12:46:27 AM
From: mishedlo	Respond to of 110194

zebra, does this explain it? The following from Steve on the FOOL... The dealership I work for merged with a dealership in Chicago last summer. Among the support services being combined is payroll processing. As it happens the two companies are on different pay cycles, so the Detroit operation was on a 1 week cycle last week to get in sync. You should hear how the guys have been yelling because they will get one week's pay next Friday, then go 2 weeks before receiving a check for the next 2 weeks work. I can't even conceive of being budgeted so tighly that receiving 1 week's pay a week later than in the past would throw the entire household budget into chaos. Then there are the guys who have wives and ex wives and kids and ex kids, and have maxed out the loan capacity of their 401Ks. Fortunately for the guys, there has been a surge in weekend work lately (time and a half on Saturday, double time on Sunday). You should see the phone on the scheduling desk light up when everyone gets a text page that OT work is available. Steve

To: zebra4o1 who wrote (21757)	11/14/2004 6:03:53 AM
From: TobagoJack	Read Replies (2) \| Respond to of 110194

perhaps the manufacturers figure that it is better to sell now at USD 6k w/o interest than to sell later at USD 3k at 18% interest, since that is where prices are heading with electronic stuff

To: zebra4o1 who wrote (21757)	11/14/2004 7:33:04 PM
From: SOROS	Read Replies (1) \| Respond to of 110194

I've been telling others for a few weeks now, "I can't wait to see how they are going to keep this debt-based economy going for much longer." Wow! After 0-interest cars, artificially low interest rates, no payment for 6 months, endless 50-75% off sales -- they've done it again. 2-3 years with no payments, etc. Unbelievable! My guess is this is a sign that the "jig" is about up. The consumer is so tapped out making current payments, that they have to now can only buy more when NO payments are expected! With only the hope that they will be in better shape when the new payments come due, this house of cards is beginning to shake. Yet, the majority keep listening to Greenspasm and TV financial shows for their comfort and allegiance. I remain, SOROS