Quote:
Originally Posted by Rekna
Here is what I know. The economy appears to be out of the recession. That means jobs should start to come in 6 months to a year. In fact we already see the layoffs slowing.
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Tell that to my friends at Conde Nast and the ones coming up at Borders Books.
If it's a lagging indicator, then the whole 1 year when people were saying, we're in a recession and it was supposedly "everything is fine", doesn't sit well with me and the situation now. I believe that the "recession is over" is just as much a line of bullshit.
Stores that aren't able to meet their rents because they have no customers since the customers don't have jobs is what I'm seeing now in my neighborhood and area.
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