Monday, May 04, 2009

Dollar stores doing well

In Japan during the lost decade after their real estate bubble, the 100 yen stores did well. OK so our dollar stores are doing well. During the Great Depression, dime stores where items sold for a dime did well. There is a pattern here.

Both Dollar General and Dollar Tree are opening new stores. This happens while malls are closing and we enter the "ghost mall" era. Time be a changing, and not for the better.

In other news Warren Buffet says inflation is on the horizon. This cannot be good news to seniors living on fixed incomes. I predict that gold will go up, and the dollar will go down.

0 comments: