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Economy

TonyPDX

(962 posts)

2. Yep. Too bad the rich mostly shop at CostCo

Reply to Downwinder (Reply #1)

Fri May 27, 2016, 09:59 AM

May 2016

and after accumulating a few summer-homes, BMWs and box seats at the stadium, they don't circulate enough cash to keep their favorite businesses afloat.

The real drivers of the world economy are ordinary consumers, who are mostly invisible in this climate.

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Highlight:

Manufacturing Recession Goes Global as Demand Withers [View all] marmar May 2016 OP

Demand follows income which follows wages. Downwinder May 2016 #1

Yep. Too bad the rich mostly shop at CostCo TonyPDX May 2016 #2

Henry Ford knew that mass production required Downwinder May 2016 #3

Welcome to du StoneCarver May 2016 #8

I'm not digging at Costco-- I love employee-owned Costco! TonyPDX Jun 2016 #9

Exactly, elleng May 2016 #4

But I thought they could create demand? fasttense May 2016 #5

Automated assembly lines, robots and kiosks Downwinder May 2016 #6

A study in 1965 showed that extra income Downwinder May 2016 #7