http://www.contrarianprofits.com/articles/living-in-the-post-bubble-world/13831 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.contrarianprofits.com/articles/living-in-the-post-bubble-world/13831/comment-page-1#comment-14993 Jack Fri, 20 Feb 2009 13:48:57 +0000 http://www.contrarianprofits.com/?p=13831#comment-14993 The US as a nation have forgotten what it means to *need* something, and are perilously close to fogetting what it means to *want* something. We're at the stage where any flippant, impulsive desire is satisfied without regard to anything, especially not whether it can be afforded. The US as a nation have forgotten what it means to *need* something, and are perilously close to fogetting what it means to *want* something. We're at the stage where any flippant, impulsive desire is satisfied without regard to anything, especially not whether it can be afforded.

]]> http://www.contrarianprofits.com/articles/living-in-the-post-bubble-world/13831/comment-page-1#comment-14994 Jack Fri, 20 Feb 2009 13:48:41 +0000 http://www.contrarianprofits.com/?p=13831#comment-14994 How about greeting cards Every supermarket and pharmacy sells them, yet for some reason alongside the two supermarkets and two pharmacies in my mall, there are 3 card shops. There are two shops which sell nothing but poor quality perfume, you know, the stuff branded by the celebrity of the hour, trying to capitalize on their brief fame (it all smells the same anyway). These 'businesses' are an indication of how far out of control consumer spending is. They are simply unnecessary for an efficient market place, yet due to the overheated consumerism, they were considered a reasonable business proposition (by some silly people anyway). How about greeting cards Every supermarket and pharmacy sells them, yet for some reason alongside the two supermarkets and two pharmacies in my mall, there are 3 card shops. There are two shops which sell nothing but poor quality perfume, you know, the stuff branded by the celebrity of the hour, trying to capitalize on their brief fame (it all smells the same anyway). These 'businesses' are an indication of how far out of control consumer spending is. They are simply unnecessary for an efficient market place, yet due to the overheated consumerism, they were considered a reasonable business proposition (by some silly people anyway).

]]> http://www.contrarianprofits.com/articles/living-in-the-post-bubble-world/13831/comment-page-1#comment-14991 Jack Fri, 20 Feb 2009 13:48:21 +0000 http://www.contrarianprofits.com/?p=13831#comment-14991 Far too many 'businesses' simply had no business being in business. At the top of the food chain in this reagrd is anything retail. How many mobile phone shops does a single shopping mall require. My local mall has at least 5 that I can think of, out of a total of about 25 shops. Is the mobile phone market 1/5 of all consumer spending ?. Far too many 'businesses' simply had no business being in business. At the top of the food chain in this reagrd is anything retail. How many mobile phone shops does a single shopping mall require. My local mall has at least 5 that I can think of, out of a total of about 25 shops. Is the mobile phone market 1/5 of all consumer spending ?.

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