Grim Meathook Present

Feb 06, 2009 21:02

I've been to the pharmacy twice in the last two days, once to leave off a prescription and once to pick one up. Both days the line has been at least 15 people long to pick up and about half that to drop off. This is maybe 3 times as long as usual ( Read more... )

grimmeathookfuture, crash, finance, california, failure

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substitute February 7 2009, 05:11:00 UTC
I'm sure I'd be doing the same thing, whether I ran a little store or a huge chain. Places like Target already run with very little inventory. Around now I bet they could just manufacture their crap on demand.

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Armed guards union? von_doom February 7 2009, 05:33:29 UTC
"Something went down at the bank"

Cui bono, man? Cui bono?

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Re: Armed guards union? substitute February 7 2009, 05:49:22 UTC
Who will bono the Bonos?

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miss_geek February 7 2009, 07:29:12 UTC
my "rhetoric of contemporary politics" class is very interesting. you see, i know next to nothing about economics, but you know it's bad when you come to your first day of classes and the prof says (and i'm paraphrasing here):

"last semester this was a class about hope. now that obama's been elected and the economy has tanked further than was expected, this will be a class about crisis. and i don't use the word lightly."

and he has not strayed from that.

i'm currently writing a paper about how fucked we all are.

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substitute February 7 2009, 07:35:22 UTC
a financial source whose identity must remain anonymous said: WE'RE ALL GOING TO BE EATING SPAGHETTI OUT OF A CAN IN THE DARK

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miss_geek February 7 2009, 07:59:21 UTC
were you sitting in on my lectures this week???

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Live From WalMart Land rum_holiday February 7 2009, 15:25:32 UTC
I have no frame of reference for what it was like down here where I am in rural Alabama because it was already economically depressed and I only got here 3 months ago, but I haven't noticed any specific declines in goods or services. As a matter of fact, an actual decent natural foods restaurant recently opened in the next town, but the chef owns the building, the store and the farm where a good chunk of his product comes from, so I am hoping that is going to be enough to keep him in business.

I know a big complaint of the bartenders and servers around here is that people have stopped tipping though.

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handstil February 7 2009, 15:44:48 UTC
The people of this city are so blindly optimistic, it's really weird. Almost every day someone says "Austin is recession proof!" Uh... I don't want to be the jerk from California to rain on your parade but...no.

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brianenigma February 7 2009, 19:01:46 UTC
They say the same thing about Portland, but the reality is that we're in a time-delay bubble. Recessions and [housing/dot-com] bubble-pops hit the rest of the country, then they eventually hit Portland. The same goes for the recovery of the downturns and for full-fledged economic booms. Then they get better in the rest of the country, then they eventually get better in Portland.

Lots of people in California are moving to PDX because they see the downturn on the horizon--but this is probably the worst time to be doing that. By the time they get up here and settled in, they'll see the same (but time-delayed) downturn on the horizon that they were trying to escape. Double the displeasure!

Also: we have a bunch of trustifarians masquerading as hippies and hipsters. They don't care about the economy until their trust funds deplete.

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