Talking double dip, the fashion industry is suffering and thats the first sign of a slowdown.
I think there needs to be some price correction in the economy.
Industy now has mark up of between 1000 and 4000% from manufacture to retail, and industy has removed their manufacturing costs, oursouced offshore, by passed branding, removed wholesale.
All up retail has removed around 7 lines of costs and increased prices and not increased wages. Something has to give. I dont see why I should have to go spend $170 for a pair of jeans That were made in china for $7.
I am getting away from the main point that things are slowing down and gold should eventually soar.
If the liberal government takes power, the recession will be worst and any stimulas will be directed more towards large corporates. This has been proven through history.
big buyer, page-30
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