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Originally posted by Jeremiah65
reply to post by RocksFromSpace
Sorry to hear that bud. I am also in business but in a completely different field. From where I sit, I am seeing things look up in big ways and if I understand markets, it is only a matter of time until you will see it in the merchandise and retail ends...so don't give up hope just yet.
Jewelry and such are generally going to do much better when people feel more comfortable and have disposable income. For the last few years, the average person has been bombarded with negativity and because of that, they are holding on to their money.
But there are a couple positive indicators that the MSM doesn't talk much about.
Originally posted by Jeremiah65
reply to post by kozmo
You are entitled to that opinion based on the info you are able to secure. I don't generally trust any of the "media releases" as all the info is cooked to generate a pre-determined response. Sometimes it is to create enthusiasm and other sources to generate despair...
I never mentioned the unemployment numbers thank you very much...everyone knows those numbers are screwed. But the 3 million jobs I mentioned are not retail sales...they are "skilled" jobs that are going unfilled..and as you say...have for years. People are going to trade and tech schools to learn how to do them. Whether there is aid for them or not is irrelevant. If you want to get somewhere, you have to invest in yourself. If you are waiting for a white knight to ride up and throw an education and a better standard of living at you...you are an idiot...not going to happen.
My main opinion is based on what I see around me. How people are living and shopping...
I see housing prices raising and on the markets shorter amounts of time. I see more work coming across my desk than I have in the last 4 years. People spent more on "Black Friday" than they have in years...another positive indicator.
I also believe, you get exactly what you expect to get. If you expect to fail at something...I can almost promise that you will.
I was trying to give the OP a positive view from where I sit. You can wallow in depression and misery if you wish, but I have lots of work and lots of prospects for more work and that makes me a happy person.
Originally posted by RocksFromSpace
Well here it is December 1st, 24 days till Christmas, and my business SUCKS !!
I'm a Meteorite-Jewelry-Gem dealer
Soon I may have to go the way of millions of other small businesses and have to close up shop, a sad thought but that's the reality of the state this country is in.
The stock market looks good because the banks - who won't lend! - are putting the federal government's largesse into stocks and bonds artificially propping up the market. This is due in large to the fact that the change in rules for banks requires that they hold more in deposits versus loans. Ergo, more investing, less lending! That means less money in circulation to even stimulate economic activity.
Originally posted by oper8zhin
Every small business that I know of right now is doing GREAT. Actually, all of them are doing better than ever right now to be honest. Maybe " Meteorite Jewelry" is something that is not desirable anymore. Was it EVER DESIRABLE at all anyways?
I seriously doubt that this type of business is a "good indicator on the health of the economy". More like a fad at one time that lost steam as it doesnt seem all that interesting at all to anyone other than the geeky Star Trek folks and nutty alien folks who think that this jewelery may be from their "home planet" or something delusional as that.
Even if I were SUPER WEALTHY and ran out of things to spend money on, I think I would honestly buy a left-handed screw-driver (totally useless) or a bucket of smelly armpits (for the laughter) before I bought some meteorite jewelery.
Way to comfort someone, hopefully this never happens to you.
edit on 1-12-2012 by oper8zhin because: (no reason given)
Even if I were SUPER WEALTHY and ran out of things to spend money on, I think I would honestly buy a left-handed screw-driver (totally useless) or a bucket of smelly armpits (for the laughter) before I bought some meteorite jewelery