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[#] Fri Oct 18 2019 14:46:40 EDT 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."

[#] Mon Dec 09 2019 23:50:29 EST 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 14:42:45 EDT 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 13:32:11 EDT 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 14:48:44 EDT 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 14:04:33 EDT 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 18:46:05 EDT 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 10:55:15 EDT 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 11:59:30 EDT 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.

[#] Mon Apr 20 2020 20:52:34 EDT from Ragnar Danneskjold

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

[#] Mon Apr 20 2020 21:32:16 EDT from wizard of aahz

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

[#] Mon Apr 20 2020 23:39:00 EDT 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 08:23:00 EDT 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 15:45:05 EDT 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 15:56:06 EDT 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.

[#] Tue Apr 21 2020 20:41:28 EDT 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 17:41:15 EDT 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 07:21:51 EDT 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 12:29:42 EDT 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 18:33:35 EDT 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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