Friday, January 16, 2009

Shit Outta Luck


Today, Circuit City announced its liquidation. Which essentially means that they're going out of business. Which in turn causes 34,000 of their employees to lose their jobs. And for those of you who know our current economic situation, it's trĂ©s mal. Circuity City is the 2nd largest retailer of Consumer Electronics in the US. When they liquidate, all the consumer electronic corporations can't make profit out of Circuit City, which causes them to be at a huge deficit, so they start laying off some people, and then jobs start getting lost here and there. Until finally, no money gets made by the US government from sales tax, or income tax because no one essentially has a job, and we slip into a beastly debt, which causes the dollar to lose value until our currency is as useless as let's say.... Nigeria, and instead of paying dollars for food we pay with our wedding rings. Oh,by the way, on the bright side, huge sale there, go buy all your electronics at Circuit City, 


General Motors is also losing sales and laying people off. AT&T also, go figure.

3 comments:

Anonymous said...

aww, i feel bad for everyone losing their jobs. i don't know much about money and government and everything, which is really bad...but man, that's so many people. i hope something happens to save our economy.


i love you cody!

Anonymous said...

aww, i feel bad for everyone losing their jobs. i don't know much about money and government and everything, which is really bad...but man, that's so many people. i hope something happens to save our economy.


i love you cody!

Anonymous said...

woops, i left the same comment twice =x lol, here's a new one! xDD BOO!