as we enter into this uncertain economic time, i want to explore something that i have noticed recently.
i was looking for a bread knife, the type with the long serated blade, so that i could cut bagels without squashing them.........and so i looked at prices in the shops.
i found some really nice ones.
i found some adequate ones.
i found some serviceable ones.
in a shop called homesense they sell domestic products from bedsheets to carpets to frying pans, and while there i found a nice breadknife reduced from $24.95 to $14.95 and so i felt had i had the best value and took the knife home and gleefully cut bagels.......
a few days later i was in the dollar store (everything for a dollar.) and saw the identical knife, without the attendant glossy packaging and rhetoric, for A DOLLAR.
i returned the pricey one and i continue to enjoy crisp cut and un-squashed bagels .
mall retail cannot afford to continue to sell the same products for 15 times the price in an economic atmosphere such as this. the type of person that deliberately pays for the more expensive version can only indulge themselves for a short period longer.
when both retailers are buying the knife from the same distributor, it`s only a matter of time before the game becomes obvious to all but politicians and professors of economics, and people will "vote" with thier money........and more shops will have to close thier doors....or drop prices, and hope hier customers forgive them thier gouging.
we have been enjoying this false prosperity since the end of the second world war, and it is clear to most that this process is winding down, and that manufacturing salaries are disappearing in whole numbers even though the politicians are scrambling to enact bailouts.
this will only prolong the process, and give people false hope of a recovery into high-paying union protected jobs in industry once this is "over".
the truth is that we hve slowly but surely been evolving into a service sector economy, providing management, accounting, sales and so on.......and so, if you are looking at re-training or this is your first step into the employment field, then learn some skills in those areas.