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Profits Up 10% for Walmarts

November 13th, 2008 at 06:02 pm



Looks like the recession isn't making people live more simply and buy less. It just makes them buy cheaper Chinese crap.

Text is Wal-Mart's Low Prices Mean Big Profits In Crisis and Link is http://www.huffingtonpost.com/2008/11/13/walmarts-low-prices-mean-_n_143494.html
Wal-Mart's Low Prices Mean Big Profits In Crisis


I know it's good for the economy and my portfolio, but a little sad for the soul. I think it's more encouraging reading about people consuming less of the high quality goods rather than buying more of the cheap ones.

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