There will be a glut of unsold stuff at some point, and prices will fall – but the newly poor won’t have enough to take advantage of it.
megatool8 on
I think customers will respond how they usually do, if they can buy it they will, if not we will see special deals and 0% or near 0% interest.
Anecdotally, I was walking through target today in SOCAL, and it had the most amount of reduced price and sale tabs that I have ever seen. I even saw several product advertised as “new low price.”
2 Comments
Those who can buy will.
Those who can’t, won’t.
There will be a glut of unsold stuff at some point, and prices will fall – but the newly poor won’t have enough to take advantage of it.
I think customers will respond how they usually do, if they can buy it they will, if not we will see special deals and 0% or near 0% interest.
Anecdotally, I was walking through target today in SOCAL, and it had the most amount of reduced price and sale tabs that I have ever seen. I even saw several product advertised as “new low price.”