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re: Walmart is having trouble selling stuff because people can barely afford food and gas

Posted on 7/29/22 at 9:30 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11307 posts
Posted on 7/29/22 at 9:30 am to
quote:

Several restaurants in my area have closed recently. These were established places with a decent following.


The service industries were always going to be completely fricked post lockdowns. Did you order 4-5 steaks the last time you went to the steakhouse to make up for your lack of spending in 2020?

I believe the Fed thinks that 20% of small businesses permanently shut down and that doesn't include any from this year that survived the additional year.
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