Posted: Wed Jul 02, 2008 1:41 am Post subject: Re: Peanut butter sales?
6-years, 0-percent financing and the very real risk that many of those auto loans may default at some time.... sounds like another Motown winning strategy?
Quote:
GM was the industry's main surprise after a sale featuring zero percent financing for six years allowed the U.S. automaker to avoid losing sales leadership in the month to Toyota.
(continued)
GM shares, which touched a 54-year-low on Monday and have been trending lower for two months, rose as much as 15 percent on the June sales figures, pulling the broader U.S. equity market higher.
The stock, which has lost half its value since the end of April, finished up 2.17 percent at $11.75.
Analysts said GM's more modest sales decline in June showed that its incentive program had succeeded. GM has avoided such a strategy in recent years because it cuts into profit margins and can rob sales from future months.
Maybe in H2 they can pay people to buy their vehicles to maintain market share? _________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
This thread reminds me of Life of Brian where they interperet the sandal as a sign for various things.
Economics is not a science, never was never will be way too much politics involved. Besides when you let it run as a "free market" it ends up totally borked.
Ah, I love that movie. I just watched it again the other night.
Hehe...Bigus Dickus and his wife Incontinentia Buttocks
Anyway...I don't think peanut butter would be a good measure considering the fact that, in the US, peanut allergies have been on the rise.
This thread reminds me of Life of Brian where they interperet the sandal as a sign for various things.
Economics is not a science, never was never will be way too much politics involved. Besides when you let it run as a "free market" it ends up totally borked.
Ah, I love that movie. I just watched it again the other night.
Hehe...Bigus Dickus and his wife Incontinentia Buttocks
Welease Woderwick!
btw Mrs Brownout, congrats on one of the best handles here
Posted: Fri Jul 04, 2008 11:52 am Post subject: Re: Peanut butter sales?
yeahbut wrote:
Welease Woderwick!
btw Mrs Brownout, congrats on one of the best handles here
Thank you, and I tip my hat to your handle as well. I believe, if they were to write a "how to" manual on "formulating rebuttals to Peak Oil", there would be an entire section devoted to the "Yeah but..." clause.
I'm more of an almond butter fan myself. They have raw almond butter at Trader Joe's for $4.99 a pound. Strangely that price has come down from $5.99/lb previously (even as almonds in general are pretty expensive these days). _________________ My PO Amazon store (shameless plug).
I'm more of an almond butter fan myself. They have raw almond butter at Trader Joe's for $4.99 a pound. Strangely that price has come down from $5.99/lb previously (even as almonds in general are pretty expensive these days).
There seems to be two schools of thought:
1)Some things will go up while others will go down.
The argument is straightforward, if you choose to pay more for product A then that leaves you with less money to buy product B. Therefore the price of product B must drop.
2) Everything will go up in price.
How is this physically possible if society's incomes do not rise? The answer is also straightforward, people will buy less of certain products. For example if I have to pay more for gasoline that does not necessarily mean the price of a Starbucks coffee will drop. I might decide to cut back and shop there once a week instead of twice a week. What happens if everyone else decides to do the same?
Starbucks Closing 600 U.S. Stores
I do not like argument 1). Yes there is some truth to it such as the almond butter!
However I think we're going to see a lot more of argument 2).
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