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Business, Economics, and Taxes: Capitalism. Yay? >=(

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dxmnkd316 said:
Is that why only my pillow advertises on Tucker? ;-)
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How much money does Tucker make? ;^)

You can think otherwise but ADIDAS will likely not even notice. Hell they probably love the controversy cause seriously no one cares about ADIDAS when it comes to shoes and apparel.
 
Handyman said:
How much money does Tucker make? ;^)

You can think otherwise but ADIDAS will likely not even notice. Hell they probably love the controversy cause seriously no one cares about ADIDAS when it comes to shoes and apparel.
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Adidas is absolutely huge when it comes to shoes and apparel, though they’ve recently dropped behind Under Armor. But, with the World Cup next month, Adidas is likely to jump back up (especially if Argentina and Germany do well).
 
Jimjamesak said:
Adidas is absolutely huge when it comes to shoes and apparel, though they’ve recently dropped behind Under Armor. But, with the World Cup next month, Adidas is likely to jump back up (especially if Argentina and Germany do well).
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I meant to add "In the United States" because no one here cares about soccer...and well Europe is probably not thinking much about Kanye ;^)

Interesting the Nazis dropped him...
 
Handyman said:
I meant to add "In the United States" because no one here cares about soccer...and well Europe is probably not thinking much about Kanye ;^)

Interesting the Nazis dropped him...
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Adidas is bigger in the US than you think (they have the uniforms for the NBA for example) though not as big as Nike.

And yes, people in this country do care about soccer, it’s just the attention is split between so many leagues it fragments the ratings and money.
 
It's now getting out that Shein, fast fashion giant, is committing human rights violations en masse.

And conveniently, a few days after a report on UK TV about the company's practices aired, the company decided to set up a resale platform.
 
Jimjamesak said:
Adidas is bigger in the US than you think (they have the uniforms for the NBA for example) though not as big as Nike.

And yes, people in this country do care about soccer, it’s just the attention is split between so many leagues it fragments the ratings and money.
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Nike does the NBA. And the NFL and MLB. Adidas has the NHL through next season, but the NHL has already said they’re going to switch.
 
Based libertarianism

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Beau touches on the fact that the economy may not be tanking (BIG NOTE: Tanking at this EXACT moment).

I didn't dabble in Economics past the 101/201 level, so a lot of the macro stuff is lost on me. Are the points Beau is referencing here just a spike from Q2 2022 being the first "normal" summer after the plague? Like people going back out and doing vacations that they have been sitting on for two years or spending on home projects that had been put off for whatever reason?

Based on what I see with myself and others around me, it seems that despite prices being higher, people are just biting the bullet and spending the $100 on stuff that used to be $80. Actual cutbacks haven't really been taken. (That's kind of how my spending has been, although increases have been noted.). So I can understand the point made in the video. But long term, we still have to be heading downward, correct? Have the increases just not had time to quite take root and change spending habits?
 
Our local fair had its best attendance since like 2017, had a great summer tourist season, so just anecdotally, I think people are spending the money on the things they want to spend it on(you know, the fun stuff), while whining and let's go brandon-ing about the everyday necessities they have to buy.

So, typical 'murican.
 
rufus said:
Our local fair had its best attendance since like 2017, had a great summer tourist season, so just anecdotally, I think people are spending the money on the things they want to spend it on(you know, the fun stuff), while whining and let's go brandon-ing about the everyday necessities they have to buy.

So, typical 'murican.
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That's what I'm questioning: Is it just a bunch of pent-up spending this Spring/Summer by people who will be struggling in 2023 or are things just being super emphasized to make them seem worse than they are?
 
RaceBoarder said:
That's what I'm questioning: Is it just a bunch of pent-up spending this Spring/Summer by people who will be struggling in 2023 or are things just being super emphasized to make them seem worse than they are?
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The question will come in real spending vs. nominal spending. I’ve not been tracking numbers, so I can’t speak to it. Simply put, if inflation is 10% this year, but people are spending 8% more than last year, then we see a nominal increase in spending of that 8% with negative real spending of 2%.
 
St. Clown said:
The question will come in real spending vs. nominal spending. I’ve not been tracking numbers, so I can’t speak to it. Simply put, if inflation is 10% this year, but people are spending 8% more than last year, then we see a nominal increase in spending of that 8% with negative real spending of 2%.
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It would be absolute stunning to see a drunk federal reserve Jack up rates at an unprecedented level and not see a reduction in real spending.
 
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