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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (71578)11/23/2007 9:02:26 AM
From: RealMuLan  Respond to of 116555
 
I think you are right, although I now seldom go to the mall any more. I only go to grocery and shop the rest of what I need online<g>



To: Paul Kern who wrote (71578)11/23/2007 9:03:34 AM
From: elmatador  Respond to of 116555
 
I asked folks in the Beyond Collapse thread,
Message 24078242

Lets see what they come out with...



To: Paul Kern who wrote (71578)11/23/2007 9:24:32 AM
From: elmatador  Respond to of 116555
 
My barometer if 25th March St. If the place is booming, economy is good. If the place is not booming, no matter what anyone say, economy in not good.

Public holiday last Tuesday: "750 mil visited the street. Shop owners ready to attend up to a million a day leading to Xmas day"

In S. Paulo? Want to buy a bikini for Ms. back home? Look no further! A fraction of the price of shopping mall.

The Goods
Though generally illegal, Rua 25 de Março has a host of products, from wristbands to plasma TV's, or Nike's to fake iPods. Items sold here are generally very low priced, and often mock products of the originals. It is a great place to buy small gifts in bulk, such as bracelets, cups, or the like, due to the low price many sellers advertise when a person buys many of one item.

Whereas electronics are heavily priced throughout the country due to tax initiatives, one can find an assortment of electronic goods in 25 de Março for relatively low prices. These include computers, TV's, fake iPod's, calculators, and many other things. Many of the items are never taxed, and are quite illegal, though governmental enforcement is only seen during the peak buying season around Christmas.

Name brand apparel (generally fake), watches, CDs, DVDs and console games (all being illegal copies) are also very common in the area.

The cops arrested a Chinese bootlegger but 750.000 people in one day looks robust LOL!