Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Wednesday, November 19, 2008
Recession as an advertising gimmick
I got a kick out of seeing this ad on CNBC.com. For those businesses that offer products or services on the cheap, a weak economy is a potential benefit. For example, Wal-Mart's stock is up since the subprime mortgage crisis began.
And don't forget, Spam (the meat) is flying off the shelves faster than it can be produced: http://www.nytimes.com/2008/11/15/business/15spam.html?em=&pagewanted=print
And don't forget, Spam (the meat) is flying off the shelves faster than it can be produced: http://www.nytimes.com/2008/11/15/business/15spam.html?em=&pagewanted=print
ReplyDeleteThis wouldn't be so bad if it was less than $40 a night for one month.
ReplyDelete