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[#] Fri Oct 18 2019 18:46:40 UTC from LoanShark

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https://www.washingtonpost.com/outlook/2019/07/30/elizabeth-warrens-trade-plan-is-bad-politics-worse-policy/

"Elizabeth Warren.s trade plan is bad politics and worse policy
Seriously, it.s really, really bad."

[#] Tue Dec 10 2019 04:50:29 UTC from IGnatius T Foobar

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I was surprised to find that that article eventually made a passing mention of Elizabeth Warren.

It's hard to figure out exactly where she stands on protectionism and tarriffs.
She says a lot of things. I am pro-protectionism but it's not a long term sustainable strategy; it has to be combined with eventual results. Otherwise, what happens is that Winnie Xi Pooh will just re-shuffle the deck over and over again until they can cheat again.

[#] Wed Apr 08 2020 18:42:45 UTC from zooer

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Any predictions for which big box brick and mortar stores are going to make it or fail by the time this is over?

Sears is gone.
What about Macy's, J.C.Penny's, Khols, or Bed, Bath & Beyond?

Add your own....

 



[#] Thu Apr 09 2020 17:32:11 UTC from Ragnar Danneskjold

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Macy's will probably survive because their debt load is fairly low.


Penny's has been on deaths doorstep for a while.

Khols will probably survive because there's not much competition in the space any more.

Bed, Bath & Beyond is morphing into something more Target-like.

I'm far more concerned about the millions of small businesses that aren't going to make it.

[#] Thu Apr 09 2020 18:48:44 UTC from LoanShark

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Bed, Bath & Beyond is morphing into something more Target-like.

They will soon be known as "Linens'n'Shit"

[#] Mon Apr 13 2020 18:04:33 UTC from IGnatius T Foobar

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Depending on which BB&B you visit, it can feel like "Linens'n'Shit" already.

[#] Wed Apr 15 2020 22:46:05 UTC from zooer

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The situation at troubled retailer JCPenney got more serious as the company missed a $12 million debt payment due Wednesday.

 

https://www.cnn.com/2020/04/15/business/jcpenney-missed-payment/index.html



[#] Mon Apr 20 2020 14:55:15 UTC from zooer

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People are not using cash at this time, how much closer will we be to a cashless society?



[#] Mon Apr 20 2020 15:59:30 UTC from wizard of aahz

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Funny. I'm using lots of cash. Might be wearing a mask at the grocery store, but putting it into the machine when i check out. Making certain that I get money to people who need it on a day to day basis as well. If someone does work for me (outside of my business) I make certain that they get cash.

[#] Tue Apr 21 2020 00:52:34 UTC from Ragnar Danneskjold

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I'm using a lot more cash too..... Interesting.

[#] Tue Apr 21 2020 01:32:16 UTC from wizard of aahz

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I always worry when you and I see things along the same lines.

[#] Tue Apr 21 2020 03:39:00 UTC from IGnatius T Foobar

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To what end? What is cash accomplishing now that is unique to the current situation? I would have thought people would want to stay away from physical money because it's potentially dirty.

[#] Tue Apr 21 2020 12:23:00 UTC from darknetuser

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2020-04-20 23:39 from IGnatius T Foobar
To what end? What is cash accomplishing now that is unique to the
current situation? I would have thought people would want to stay away

from physical money because it's potentially dirty.



I just took a lot of money from the bank and then bought a lot of foreigner currency. Just in case there is a bank account lockdown. There are currencies that are total shit (such as ours) but if things go to worse there are currencies anybody will accept.

[#] Tue Apr 21 2020 19:45:05 UTC from zooer

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I can understand the self checkouts accepting paper money, I had read that some stores were not accepting paper money transactions with human cashiers.  I don't know if this is true or not.  

A friend said that he used paper money and the cashier gave him a very dirty look when he did.

 



[#] Tue Apr 21 2020 19:56:06 UTC from LoanShark

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I just took a lot of money from the bank and then bought a lot of
foreigner currency. Just in case there is a bank account lockdown.
There are currencies that are total shit (such as ours) but if things

go to worse there are currencies anybody will accept.

Total shit? That's absurd, dude. We're still the flight-to-safety currency preferred by most of the world. Only thing that comes close is the Euro, they're pretty hard-nosed.

[#] Wed Apr 22 2020 00:41:28 UTC from IGnatius T Foobar

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He lives in a different country than you do. When he says "our currency" he's not referring to the US Dollar.

[#] Mon May 04 2020 21:41:15 UTC from athos-mn

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I've seen a few places that say they won't take paper money, but they end up handling people's credit cards, so I don't really get how it's any saver with regards to Covid-19.

[#] Tue May 05 2020 11:21:51 UTC from darknetuser

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2020-05-04 17:41 from athos-mn
I've seen a few places that say they won't take paper money, but they

end up handling people's credit cards, so I don't really get how it's

any saver with regards to Covid-19.



Yes, that seems retarded to me.

Relatedly, I have heard reports of package and food delivery people who is taking advantage to deliver drugs, since regular dealers can do the streets safely any longer in lockdown areas.

[#] Tue May 05 2020 16:29:42 UTC from zooer

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Tue May 05 2020 07:21:51 AM EDT from darknetuser
Relatedly, I have heard reports of package and food delivery people who is taking advantage to deliver drugs, since regular dealers can do the streets safely any longer in lockdown areas.

Capitalism at its finest. 



[#] Thu May 07 2020 22:33:35 UTC from IGnatius T Foobar

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Restricting the delivery of food vs. drugs is the same thing, of course.

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