Profiting from a recession

Whosthis

This is probably more suited to reddit's showerthoughts but do Barry's and Lyon's tea make more money during a recession than they do during times of growth? **** all else to do.

smash

Whosthis wrote: »

This is probably more suited to reddit's showerthoughts but do Barry's and Lyon's tea make more money during a recession than they do during times of growth? **** all else to do.

Drink tea and ride, pop out a few kids, get loads a benefits. Or you could just work... And ride.

Menas

No because during a recession people share tea bags with their neighbors.

Ruu

Nein. Can use the same tea bag over and over.

ytpe2r5bxkn0c1

Beer companies actually increase profits in a recession.

RIGHTisRIGHT

Well the likes of Burger King Mcdonalds and Scruffy Fried Chicken have done well as people still want to get out but on the cheap.

Less Michelin star and more would you like fries with that.

Fr_Dougal

Menas wrote: »

No because during a recession people share tea bags with their neighbors.

Only if they live in the U.S..

B.A._Baracus

Accordingly bargain shops, such as dealz and general 2 euro stores, were doing great business over the recession. Obvious to see why.

Easca Peasca

Lidl and Aldi must be doing better than their counterparts, or better than they were in the boom anyways.

fleet_admiral

B.A._Baracus wrote: »

Accordingly bargain shops, such as dealz and general 2 euro stores, we're doing great business over the recession. Obvious to see why.

I shopped in the euroshop during the boom and still do. I dont see the point in paying Tesco €3.79 for a tube of toothpaste that costs €1.49 for the very same thing. Same with a Mars bar @ €1.15 in centra but 3 for €1.50 in the euroshop

Repo men do a lot of business during recessions as well as the legal eagles who oversee the court orders ordering the repos.

fleet_admiral

Easca Peasca wrote: »

Lidl and Aldi must be doing better than their counterparts, or better than they were in the boom anyways.

I have noticed Aldi and Lidl have gone a lot more expensive over the last couple of years

fleet_admiral

fleet_admiral wrote: »

I have noticed Aldi and Lidl have gone a lot more expensive over the last couple of years

I think it's more that the others have got cheaper to avoid losing custom, anyway "the war is won!", they don't need to have such low prices anymore.

Archeron

A golden age for the tumbleweed makers.

Azalea

I don't get the "Aldi is getting more expensive" thing - as in, I don't experience it. I bought a tin of mixed beans (kidney, chickpeas etc), a bunch of bananas, a set of four yogurts, two savoury salads and one fruit salad this evening, for a total of €8.50.

Maybe it depends on what stuff a person buys?

Bio Mech

B.A._Baracus wrote: »

Accordingly bargain shops, such as dealz and general 2 euro stores, we're doing great business over the recession. Obvious to see why.

Dealz is an awesome shop recession or no. A hammer for €1.49? Happy days.

andrew

Depends on what the balance is between people drinking more tea because they've nothing else to do (...do people actually do this?) and people drinking less tea because they can no longer afford it, or switching to non-brand tea because they can't afford Barrys.

Bio Mech

Bio Mech wrote: »

Dealz is an awesome shop recession or no. A hammer for €1.49? Happy days.

What do you expect, they've nailed most of their prices at €1.49 :P

Whosthis

RIGHTisRIGHT wrote: »

Well the likes of Burger King Mcdonalds and Scruffy Fried Chicken have done well as people still want to get out but on the cheap.

Less Michelin star and more would you like fries with that.

Booked a table in McDonalds for Valentine's last year, booking a readymeal and a cry **** for one this year.

Capt'n Midnight

Multi billionaires do very well out of recessions.

https://www.oxfamireland.org/blog/62-billionaires-same-wealth-half-world

We now have a world where 62 people – so few they would fit on a single coach – own as much as the poorest half of the world’s population. This number has fallen from 80 last year and 388 as recently as 2010.
...
The wealth of the richest 62 has increased by more than half a trillion dollars to $1.76 trillion (approximately €1.62/£1.22tr.). Meanwhile, the wealth of the poorer half of the world has fallen dramatically by 41% since 2010, despite the global population increasing by around 400 million people during that period..

The_Valeyard

Ferengi will always find ways to maximise their profits.

Capt'n Midnight

http://www.irishtimes.com/news/ireland/irish-news/you-won-66m-in-euromillions-here-s-what-it-could-get-you-1.2519720

the cost of immunising children against life-threatening illnesses in poor countries has climbed dramatically in recent years and according to MSF, a vaccination package which cost $0.67 in 2001 cost over $30 in 2014.

:mad:

Permabear

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