Online sales up 21% on Cyber Monday
- Thread starter Topspin
- Start date
I bought two ipod nanos one for my niece and one for my nephew, and a digital camera for my mom, and four books for me, over the weekend, on the net. I don't go to malls so the media can circle them in newscopters and I can moo for them and the audience, like the rest of the reality show cows.
But, I am thinking of shipping back the ipods as soon as they get here, because it annoys me that you might be making a profit off of them, you little shit.
But, I am thinking of shipping back the ipods as soon as they get here, because it annoys me that you might be making a profit off of them, you little shit.
Topspin
Verified User
Dhula, you just can't stand my tough love teaching style.
You did some great things, your smarter than the cows elbowing each other in line at the malls. The number of online shoppers was up 38% so lots of people are getting smarter too, the masses aren't this dumb bunch most posters think.
why won't we have a recession, the housing issue is largely overblown.
Even after the price tumble houses are up 70% in 5 years, that wealth didn't go away and the overwhelming majority of people don't use thier houses as atm's.
You did some great things, your smarter than the cows elbowing each other in line at the malls. The number of online shoppers was up 38% so lots of people are getting smarter too, the masses aren't this dumb bunch most posters think.
why won't we have a recession, the housing issue is largely overblown.
Even after the price tumble houses are up 70% in 5 years, that wealth didn't go away and the overwhelming majority of people don't use thier houses as atm's.
I am afraid that you are wrong but am not rooting for you to be wrong. My freelance work is going to dry right up if we hit a recession, and a prolonged one would hurt me. I wouldn't be buying any apple stuff next xmas, in other words.
But it all looks very bad to me...we'll see.
blackascoal
The Force is With Me
"But each person who shopped spent less than last year."
Their margins were down from a previous period."
I want everyone to be able to decipher your genius.
blackascoal
The Force is With Me
Teaching style ??? What are you teaching .. ebonics?
I speak fluent ebonics and your posts are even ebonically grammatically incorrect.
"You did some great things, you're smarter than the cows elbowing each other in line at the malls." .. WTF?
"We won't have a recession because the housing issue is overblown."
I corrected the grammar but I can't do a damn thing about the stupid ass illogic.
"Home prices up 70% in 5 years" ???
Slowly .. back up and step away from the pipe.
Recession in the air as US house prices tumble
· Survey records sharpest drop in values in 21 years
· Gloom could spread into labour market, say experts
US house prices have suffered their worst plunge for two decades as defaults on sub-prime mortgages have shattered homebuyers' confidence and battered lenders have withdrawn cheap loan deals.
According to the key Standard & Poor's housing index, released yesterday, third-quarter US prices were down 4.5% on 2006 and were 1.7% lower than the second quarter of this year - the sharpest drop in the study's 21-year history.
The figures, released on the same day as research revealing a collapse in consumer confidence, showed that a once patchy economic downturn has become a nationwide phenomenon. The investment bank Goldman Sachs warned yesterday that the chances of a recession had risen to between 40% and 45%.
S&P found a drop in house prices in all 20 of the cities in its study between August and September, with Miami, Detroit and San Diego faring worst.
David Blitzer, chairman of S&P's index committee, described the outlook as "pretty much resoundingly negative".
"If you look at a chart of housing statistics and recessions, they coincide," he said. "Based on housing, the odds of a recession are over 50%."
Hundreds of thousands of Americans have found themselves unable to keep up repayments on controversial sub...#8209;prime mortgages sold at the peak of the housing boom. Many had two-year "teaser" repayment rates which are expiring just as the property decline bites.
The squeeze is increasingly damaging the mood on US high streets. The New York-based Conference Board's measure of consumer confidence this month fell to its lowest level since the aftermath of Hurricane Katrina in 2005. The board said its confidence scale has dropped from 95.2 to 87.3 since October.
Lynne Franco, director of the board's consumer research centre, said: "Consumers' apprehension about the short-term outlook is being fuelled by volatility in the financial markets, rising prices at the pump and the likelihood of larger home heating bills this winter."
In spite of the gloom, Wall Street enjoyed a bounce yesterday, sparked, in part, by the Abu Dhabi government's decision to pump $7.5bn into the struggling investment bank Citigroup. By midday in New York the Dow Jones average was up 173 points to 12,917.
http://www.guardian.co.uk/business/2007/nov/28/useconomy.subprimecrisis
In other words, we are operating on foreign capital.
Let's see .. Goldman Sachs, Standard and Poor, New York Conference Board vs someone who can't write a complete sentence.
Who do I believe?
Such tough choices
uscitizen
Villified User
Umm seems like good growth preceeded the Great Depression....
uscitizen
Villified User
I thought all CPA's had to learn about the depression.