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


To: shades who wrote (75041)12/8/2006 1:34:20 PM
From: John Vosilla  Respond to of 110194
 
'However I have noticed services becoming worse and worse at many places I visit. Tempers are getting short and stress levels skyrocketing'

Costs of living going through the roof for the average Joe in bubbletown USA, too much debt, too many people, too much traffic.

Also perhaps too much diversity and no one trusts others anymore or understands what the hell most people are saying? Put a recent latino immigrant, recent French or British sounding dark skinned laid back immigrant from the Carribean,good old southern boy and a fast talking New Yorker in the same room and what to you get?

Also noticing a larger divide between youth and those considered old folks (perhaps 35+?). But hey I got my new 30gb I-Pod so I relate to them now on some level I guess<g>



To: shades who wrote (75041)12/8/2006 3:28:57 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
Wait queues are increasing, politeness has went out the window, the congestion and backlogs are becoming astronomically irritating....... Today there was a half hour wait and the workers were biting off the customers heads. Unemployment rates may be low, but the problem as I see it is that everyone that wants to work has a job, but most people are like me - they don't want to work

Maybe everybody is still holding on to the dream ?
The dream of living off rising house prices ? -g-

Your experience is not surprising.

I touched on this subject a while ago: in high inflation environment a pizza or restaurant joint has only three options:
1. raise prices
2. shut down
3. lower quality of product and/or service

Obviously the place where you had breakfast is still in business, it did not raise the price, so that leaves number 3.



To: shades who wrote (75041)12/8/2006 4:47:40 PM
From: anachronist  Respond to of 110194
 
The only fix I see is either we get a whole bunch of new slaves (can't seem to import the poor mexico boys fast enough)

You only addressed the supply side. You can reduce demand too by:

1) Increasing price of service by paying a higher wage
OR
2) Reduce quality of service, which is happening right now. This too is a defacto price increase.