Slidewize no more!

Post by **Bennoz** » Thu Nov 20, 2008 8:18 am

http://www.slidewizeimports.com/

f**king amercian bankers

Post by **dstocks** » Thu Nov 20, 2008 12:17 pm

Yeah, im sort of finding im in the same boat....

RallyMad · Post by **RallyMad** » Thu Nov 20, 2008 1:36 pm

Definately can understand. Paid $150 for freight for a wheel bearing from the UK last night ouch. about $370 in total.........

Strange to me that companies would shut down though, it is a downturn but there will be another upturn at some point.

Post by **dstocks** » Thu Nov 20, 2008 3:27 pm

Yeah, maybe, but it wont be a fast recovery and there arent very many companies that are willing to run at a loss over the next 9 months just to come out the other side. Better to close down until such time as the environment improves as at the moment it just isnt really cost effective.

Post by **I8A4RE** » Thu Nov 20, 2008 4:08 pm

dstocks wrote:Yeah, maybe, but it wont be a fast recovery and there arent very many companies that are willing to run at a loss over the next 9 months just to come out the other side. Better to close down until such time as the environment improves as at the moment it just isnt really cost effective.

couldnt agree more, especially a lot of small businesses that cant afford to go a month let alone a yr+. Also when people stop spending, luxuries like a new car or new exhaust are the first things they stop buying.

RallyMad · Post by **RallyMad** » Thu Nov 20, 2008 5:10 pm

Yeah I agree with that. But it reads to me more like they are closing down for good, not just stopping trade until things improve.

Post by **dstocks** » Thu Nov 20, 2008 5:50 pm

Well, reports are that at the moment well be looking at maybe 75c per 100 yen by the END of next year and probably not getting to the levels it was at for years, that is pretty permanent (it was over a dollar a couple of months back)

RallyMad · Post by **RallyMad** » Thu Nov 20, 2008 5:54 pm

didn't know that. fair enough then.