Wednesday, October 8, 2008

WSJ: Nearly 100 in 100 Grocery Store Shoppers "Under Water" on Their Purchases

From the Wall Street Journal:
Continual depreciation of consummables in the US economy has left nearly 100% of grocery store shoppers owing more than the value of their recently purchased products. Buyers of food and beverages including meats, poultry, fish, eggs, beer, candy, soda, bread, milk, fruit, vegetables, and snacks have experienced severe losses on the resale market. "Nearly every item we sold today has lost value," says ShopRite produce manager Doreen Marshall, "It would be nearly impossible to recoup these investments on eBay."

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