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When is the worst moment ?
http://skullbrain.org/legacy/viewtopic.php?f=5&t=25456		 Page 1 of 1
Author:  garadama [ Sat Oct 11, 2008 8:09 pm ]
Post subject:  When is the worst moment ?
Are we at the worst moment of the financial crisis or the worst is coming soon ?

There are some shops closing down here. Some retail clothing listed company bankrupt, some toy shops are moving from ground floor to 2nd floor coz of cheaper rent, some toy shops are crazy selling the toys like RAH, SIC at least 70% off. But the dead stock still piled up to the ceiling.
Author:  BloodDrinker6969 [ Sat Oct 11, 2008 8:14 pm ]
Post subject:  Re: When is the worst moment ?
70% off RAH figures? Which ones? How much?!?
Author:  Roger [ Sat Oct 11, 2008 8:29 pm ]
Post subject:  Re: When is the worst moment ?
Nobody knows how bad it's going to get (or not), but I would install that bomb/machete package next to your gas tank in preparation for that Road Warrior future, just in case. ;p
Author:  UnderBeit [ Sat Oct 11, 2008 8:53 pm ]
Post subject:  Re: When is the worst moment ?
Roger wrote:
Nobody knows how bad it's going to get (or not), but I would install that bomb/machete package next to your gas tank in preparation for that Road Warrior future, just in case. ;p


Haha. Very comforting!

Kinda reminds me of the joke I've heard a few times in the past few week:

Q: What is the best (financial) positon to be in right now?

A: Fetal
Author:  REdYOdA [ Sat Oct 11, 2008 10:44 pm ]
Post subject:  Re: When is the worst moment ?
I just completed a purchase at Kaiju-Taro:

1 U.S. Dollar = 97.7238 Japanese Yen

Ouch. Less than a Yen.
Author:  khanate [ Sun Oct 12, 2008 12:59 am ]
Post subject:  Re: When is the worst moment ?
You might want to read some financial publications instead of asking these questions on a toy-based forum.
Author:  selekta_nips [ Sun Oct 12, 2008 3:57 am ]
Post subject:  Re: When is the worst moment ?
im staying positive
everyone is just freaking out
good time to buy stocks are nice and low
Author:  UnderBeit [ Sun Oct 12, 2008 8:59 am ]
Post subject:  Re: When is the worst moment ?
selekta_nips wrote:
im staying positive
everyone is just freaking out
good time to buy stocks are nice and low


Agreed. Those with the cash to buy now are going to come out smelling like a rose eventually.
Author:  lurker [ Sun Oct 12, 2008 2:13 pm ]
Post subject:  Re: When is the worst moment ?
khanate wrote:
You might want to read some financial publications instead of asking these questions on a toy-based forum.



yeah i don't get this dude. most of his posts are always asking about finances, money etc...
and warren buffet. wtf. some money fetish.
Author:  garadama [ Sun Oct 12, 2008 10:57 pm ]
Post subject:  Re: When is the worst moment ?
coz we need those coins to buy toys
Author:  MicromanZone [ Sun Oct 12, 2008 11:22 pm ]
Post subject:  Re: When is the worst moment ?
khanate wrote:
You might want to read some financial publications instead of asking these questions on a toy-based forum.
You know why this question is ridiculous? Not because it's a bit troll-ish, but because the financial mess the U.S. is in right now affects everyone everywhere. And when you grasp the basics, it's not hard to understand: The pyramid scheme of giving loans to people who could not pay it off finally collapsed and literally everybody was reamed in the process thanks to deregulation that allowed this mess to happen.

This kind of economics trickled down on all of us.

You know what's scary to me? This is all happening during an election and during the holiday season. Even though this holiday season is looking to be a bear sales-wise for everyone, I don't think you'll notice anyone closing up shop before January unless they are really hard-up for cash.

My prediction is come January 2009 you'll notice a lot of places closing up after making whatever cash they could make from the brief spurt of sales during the holidays. Any my feeling is places that just have a questionable retail presence will be the first to go.

Like, down in my part of Brooklyn there's a huge restaurant row on Smith Street. Some places are good. Others are pure "me too!" cash-in rip-offs. Those folks are going to close shop. And say goodbye to some of the ridiculous boutiques we have in NYC. Either smaller space for them or close up shop completely.

And FWIW, expect to find bargains on eBay. Not so much on Yahoo! Japan thanks to the Yen going below the dollar.

Oy vey!
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