tag:blogger.com,1999:blog-6244999628674918029.post7733011300447121777..comments2024-03-28T18:32:43.699-05:00Comments on Bayou Renaissance Man: Economy watchPeterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6244999628674918029.post-33849161489026817972015-10-28T15:26:14.589-05:002015-10-28T15:26:14.589-05:00With regard to Walmart, a lot of companies would l...With regard to Walmart, a lot of companies would love to make a 6% profit.Quentinnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-39705142827658188922015-10-28T03:05:31.843-05:002015-10-28T03:05:31.843-05:00RE: the shipping thing, I've had two of my con...RE: the shipping thing, I've had two of my containers, and one of my vehicles delayed by a month. No fun.Joe in PNGnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-89621539928741936522015-10-27T20:53:24.905-05:002015-10-27T20:53:24.905-05:00re: Moeller-Maersk - might be finally able to affo...re: Moeller-Maersk - might be finally able to afford a shipping container dwelling; expect they'll get cheaper.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-12267514689529873052015-10-27T14:30:38.304-05:002015-10-27T14:30:38.304-05:00It doesn't help that WalMart is being very stu...It doesn't help that WalMart is being very stupid about dealing with inflation. I use to buy my jeans there, as their Rustler versions could be bought in black, and the price was about $12. A year ago, I went in to buy a new batch, and they had turned into trash, but the price was about the same as before. I began buying clearance items at LAPG for my wardrobe.<br /><br />WalMart makes their money by selling a cheaper version of nearly everything. They are already at the bottom regarding quality/cost. There is no way for them to lower quality and still have a marketable product, in most cases. The only practical way for them to deal with inflation is to raise prices. This Catch-22 is what is going to kill them, I suspect.Willhttps://www.blogger.com/profile/00722792638246578812noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-41732913823561735032015-10-27T12:57:59.697-05:002015-10-27T12:57:59.697-05:00Nate, it will be Amazon.
LittleRed1Nate, it will be Amazon.<br /><br />LittleRed1Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-8157219631986031062015-10-27T11:26:53.036-05:002015-10-27T11:26:53.036-05:00Person all watching economy slowly slide into a pi...Person all watching economy slowly slide into a pit . . "funny" how people don't seem to be noticing and very few here are ready for anything but prosperity . . Very Troubled times are ahead and most won't survive long . . IMHO WhatIfWeAllCared?https://www.blogger.com/profile/11206084253488718796noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-75358290794474781882015-10-27T07:26:26.156-05:002015-10-27T07:26:26.156-05:00Oh, and #4 makes me laugh because free marketers h...Oh, and #4 makes me laugh because free marketers have been saying for awhile that the Free market would take care of Walmart before the government ever could.<br /><br />One wonders what the left's next boogeyman is going to be when Walmart goes tits up.Nate Winchesterhttps://www.blogger.com/profile/00630873800235819300noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-89826560537939767312015-10-27T07:25:22.268-05:002015-10-27T07:25:22.268-05:00#3 is hilarious since it's not exactly milleni...#3 is hilarious since it's not exactly millenials running around making the 0% interest rate policy: Janet Yellen is 69. It's also hilarious since voters - particularly in the older cohorts - refuse to allow any changes whatsoever to Social Security, Medicare and Medicaid because they've "paid into" the system which means that younger people are going to have to have massive tax increases in order to pay for the entitlement ponzi scheme their forebears are expecting to get benefits out of in their golden years.<br /><br />Prepare for a number of media stories over the next decade about the plight of the elderly as it turns out a lot of them did not save for retirement and they're barely able to live on government handouts.elmdorprimenoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-31654907609408865902015-10-27T07:23:02.234-05:002015-10-27T07:23:02.234-05:00"2. Samsung to make robots ‘cheaper than any..."2. Samsung to make robots ‘cheaper than any human worker’."<br /><br />(given my past experience with Samsung products... it's going to be awhile...)<br /><br />Is this another reference to what you've frequently made reference to, and what John Derbyshire terms "Peak Jobs"? If so, then I have a question. (A real question, not leading or anything, I'm genuinely curious.)<br /><br />Given the premise that it is good for people to work, even according to the Christian religion of which Sloth is one of the 7 deadliest sins. Therefore which do we have more faith in? If the economic predictions are correct, then it is the Catholic teaching is wrong about "go forth and multiply" and birth control will be a necessity for civilizations in order to maintain themselves. If, however, the Church's teaching is correct and we can't ever have enough humans, then the flaw is in the econ prophets and something (like the internet back in the day) can be eventually built to open up new work for the people about to be laid off.<br /><br /><br />I'm genuinely curious as to which way Peter and the other commentators are betting is going to be right.Nate Winchesterhttps://www.blogger.com/profile/00630873800235819300noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-90389089204778730252015-10-27T05:40:59.581-05:002015-10-27T05:40:59.581-05:00#3 is the most troubling to me. I've seen thi...#3 is the most troubling to me. I've seen this 1st hand, older people who saved for their 'Golden Years' only to see little to show for it. Inflation and skyrocketing health care (even with insurance) has really hit them in the shorts. And when they leave retirement, they get penalized for making too much money. They get it coming and going.<br /><br />Makes more sense to leave this country and expatriate to a country with a low budget and stretch their dollars.Anonymousnoreply@blogger.com