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Disconnect between the headlines and consumer behavior


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2009 Jun 12, 11:20pm   971 views  0 comments

by missgredenko   ➕follow (0)   💰tip   ignore  

http://videos.syracuse.com/post-standard/2009/06/2009_mackenziechilds_barn_sale.html

This MacKenzieChilds barn sale happens every year.  The crazy crowds keep coming despite having to stand in the rain for hours waiting to gain entry.  Someone drove from Michigan to the Syracuse area to come, 6 hours.  I don't get the idea that "saving for a rainy day" is on everyone's minds.  Perhaps evidence that the masses believe the worst is behind us?

Meanwhile, Citibank halted loan payments to major mall expansion, Destiny USA,  due to the fact it doesn't have a single tennant signed on (chipping away at the Syracuse "it's different here" meme.)

 http://www.syracuse.com/news/index.ssf/2009/06/citigroup_destiny_usa_has_no_t.html

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