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 So how does Wal-Mart's Black Friday Work...?
Basically I am wanting to get a RCA 52 inch tv for $474.00 and was wondering if I am the first in line (as i plan to go to my walk-mart at 10 to wait) will they give me a ticket to get the product or ...


 How do companies like Starbucks or McDonalds gain so much profit with unhealthy products?
How do companies like Starbucks or McDonalds gain so much profit? They're able to market their products so well that people flock to their stores/restaurants everyday and gain so much profit. D...


 What would you react to this? seeing somebody else get your raise while you work your butt off everyday?
...


 If i wanted to be elected and said I'd seize microsoft and GE distribute the money to housholds would i win?
A few shareholders might lose but everyone would get a boost! Of course I might be assasinated....


 Have you ever heard or of winning the lottery online, receiving an email?
is this legitimate or not? I've heard some people say it's real, I need to know please....


 Cigarette (***) breaks? ?
People in my office go out every 15-20 mins for a fag break, while the rest of us non-smokers get on with our work. Do you think this right? I mean... what I MEAN is, they have an excuse to go out ...


 EBay Question Refusing Parcel.?
I have sent an item to France but the winning bidder has clearly changed his mind and is refusing to sign for it. If he now says he has not received it I will have to cover the £28 postage cost ...


 How do I contact Starbucks?
I have a suggestion about possibly a new location? How do I contact them and tell them?...


 Would you vote for or against the producing and sale of all tobacco products.?
rasing tobacco Was one of my FFA [future farmers of america} projects when i attended High School....


 Is it illegal for an employer to give your password to another employee?
My husband take a week off from work and he found out that HR give his password to another employee so they could access a program, is this illegal?...


 What can i do for a professional man?
...


 Can anyone tell me of a place to find genuine importers/exporters from china?
Does not have to be a specific item. I find places like alibaba and tradekey a big con....


 Which is the biggest bank of the world?
...


 Tescos or the co-op?
witch 1 do u like best ?????...


 Foreign callcentres?
anyone else hate it when you phone up your bank and you cant understand what they are saying?? or when you call your credit card company to explain you are gonna pay the bill late because of the ...


 Presently I am leading a team of workers and kindly suggest me to be a good team leader.?
...


 Is target like wal-mart?
seems like target clothes r wayy better than wal-mart
im in canada, unfortunately.. here they do not have Target or.. wet seal or any of the good stores!...


 What are the strengths and weaknesses of Coca-Cola?
...


 I recieved an unexpected check in the mail?
This check is from RBC Capital Markets Corporation, who has an authentic Bank account with a well known bank. The check is for a lil over $3000.00 but the check is authentic, there is no note ...


 Why are supermarket own brands so boring?
Why doesn't who ever designs them be a bit more creative and add colour. The sainsbury's ones especially, tesco and asda im not too sure.
Additional Details
I doubt it's ...



((LOON))
What do you think is the deeper reason for this Recession ?
                     
 




Puggles P
Rating
cost increased so much(realestate)and salaries stagnated except for the top 5%. They basically squeezed the wealth from the lower class so much that we are no longer able to support their high salaries. companies fail when their products can't be sold. The top 5% has yet to accept the fact they are over paid and their organizations can no longer support them at those levels. Their answer is to layoff which is only going to worsen the situation. The reason salaries stagnated is because the global economy without proper tariffs has lead to a workforce with little strength to demand higher salaries. I also agree with the previous poster that people bought beyond their means but the regulators allowed it. Sad to see people buying homes that require 60-80% of their income just for the mortgage. Bad decision. Now I'm going to be taxed to save their asses when I kept myself basically debt free.


dhmexports
Rating
too much funding of the war that america got its butt whooped in


Time Will Tell
Rating
A deeper reason is the corrupting influence of greed. What made Congress to eliminate all anti usury laws? What made lenders offer usurious loans? What made Moody rate subprime loans AAA "virtually impossible to lose value"? What made companies borrow 30X or more against those loans?

A deeper reason is because we built two thirds of our economy on debt. We relied on the growth of debt for economic growth. So in order to continue economic growth forever, we had to continue increasing debt forever - which is impossible. We set ourselves up to fail.

The deepest reason of all is because our economics is based on money. No form of currency in existence today adequately fufills the fuctions of money. The very existence of inflation and deflation proves that money cannot act as a long term store of value. After 7000 years of excellent use, the invention of money has now become the root cause of most all of our economic problems - and many of our social problems. Money was invented as a means of dealing with scarcity. But now we can manufacture an abundance of nearly anything we desire. In the absence of scarcity, the use of money causes artificial scarcity. It had a good 7000 year run, but now it is obsolete; an anachronism that causes more problems than it resolves.


Tom P
Greed in the upper class.


bcn0209
FACTS: Upper executives are not solely to blame. If you want to blame someone, blame ourselves for allowing this to happen. Shareholders, most of us are for some investment, have a right to pool together and move a company but we don't. Moreover, the housing problem was caused by the small underwriters down the street, you know who I am speaking of who underwrote the loans. Also blame the realtorts for not telling the buyers to think more conservatively. Finally, blame Freddie and Fannie for allowing the loans to be backed on poor credit. Also blame ourselves since we are responsible for electing the total idiots we have put in washington.

Bottom line, if you are tired of this crap, including stagnant wages, DO SOMETHING ABOUT IT, ORGANIZE AND CHANGE THE NATION!


Buddha
Rating
Consumerism pure and simple.


Chris
Rating
The continued greed of "fat cat" bosses the world over, miss-management of present government in the UK and the needs and desires of other nations that think we owe them a living.


super Bobo
Rating
Its a cycle. Grow then recede. That's the way its been, and that's the way it'll be.

As Americans, we borrow too much to buy fluff. Debt laden households filled with junk. The need to have more stuff is the current culprit, but the business cycle won't go away.


Mike965
Greed is the simplest and most deep reason for the meltdown. From there is goes to deregulation and also America losing it's ability to compete in high tech / manufacturing jobs


testingtesting44106
Rating
hubris


snkbite
We've had a false sense of security for a while now. The gas thing was a problem (though there MAY be enough gas if we were allowed to drill). Clinton took restrictions off of SUV's, which at the time stimulated the economy, but as you can see, it is hurting. Not exactly a deeper reason, but one of the underlying reasons.
The other is people were using money that they did not have. Buying on credit, trying to afford homes that they did not have the money for. If you are buying on credit, you are using money that is not yours, that you expect to have later. Once the economy dipped a little, the credit problems compounded upon this and that leads to where we are now since people could no longer afford to make their payments.


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