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Things are getting dicey in my neck of the woods. We have had a few years of pretty slow ski seasons now after covid hampered it for a couple years and then the last two not that much snow. There was always some change over in the storefronts along the main street "downtown" but there are 5 or 6 empty storefronts now. A small commercial strip plaza a short walk from me that has maybe 15 units has had 4 units change over in the past 6 months and another one vacant.
Oddly enough though I have not seen a lot of listings for businesses for sale. I have been keeping an eye out hoping to find an existing, profitable biz where maybe someone is retiring and I can have all the infrastructure in place rather than spending years again building something up. But I haven't really come across anything so maybe the pain is not too deep yet.
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maybe the pain is not too deep yet.
I think that's also why we haven't seen the housing market implode yet. Eventually, if things don't improve, budgets will get strained and people will start selling off what they have.
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Yes you can only get by on duct tape and bubble gum to seal the leak in your boat for so long.
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In the area where I live the number of small businesses or local businesses is decreasing since 2021, this seems to be an increasing trend, I hope it will be reversed soon, because most of the economy depends on local businesses, at least I think so.
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176 sats \ 3 replies \ @kepford 9 Apr
fears won’t go away
Implying inflation is going away...
I'm no expert but when I buy stuff I need I don't notice a drop in prices. What is always left out when the leeches talk about inflation accumulative price inflation. When they talk about bringing it back in line with 2% or whatever they don't mention that prices are never going back down to pre 2020 levels. Stuff keeps getting more expensive and it stays expensive. These "economists" that seem to try to gas light the public know better. They are the scum of the earth in my opinion.
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I know the phrase "gas lighting" is itself being distorted and inflated to lose its edge but it is a perfect analogy for what the media and leaches are trying to do to the public. The message is, stop thinking. Stop worrying. Trust us. We know better. Look at these charts. We are smart, you are dumb. You aren't running your business right. Maybe you should just go work for a big corp and hang up this dumb idea of running your own business. I mean, you think things are bad.
I've said it before. I come from a blue collar background and I'm beginning to realize that I never lost that distrust for suits. That coupled with my personality to ask questions makes me very sensitive to bull shit from suits. The levels of BS seems to have multiplied since the pandemic. Or, maybe its just me.
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The levels of BS seems to have multiplied since the pandemic.
I have the same sense. I think the old propaganda machine is losing it's effect and they're compensating for the loss in quality with an increase in quantity.
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Yep, it is clear that they are losing control of the mind control machine and its all their fault. They pushed it to far and broke many people's spell.
That can sound kinda tin foil hat and jarring to some here... but I don't have a better name for it. That is what they try to do. Its also called propaganda and marketing. We are constantly under mental attack. If you don't see it... congrats. Hope you enjoy to the blue pill life.
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The tone of this article says it all. One thing not mentioned is the fact that all these massaged, nonsense inflation measures don't reflect the reality for business owners. For once it would be nice for them to question the accuracy of these government statistics.
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LOL!
Yeah, that's not gonna happen. Question the state? Ha! I needed that laugh @Siggy47
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It's a harsh truth that government agencies only care what data they have, they never and will never listen to public sentiments.
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I personally know several small business owners and its been a tough last few years. But I guess its just in their heads. Or could it be the books are being cooked? Which one is more likely?
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