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Brian Howell
Jun 8, 2015, 11:01:51 AM6/8/15
to Ipse-...@googlegroups.com
According to Barclay’s, a boom in building skyscrapers “indicate a widespread misallocation of capital and eventually, an economic correction.” China and India are building lots of them.
vince koloski
Jun 8, 2015, 1:24:31 PM6/8/15
to Ipse-...@googlegroups.com, Brian Howell
While the skyscraper index may be useful, for recession prediciton, I use my personal "frothy personal services index".
My non-profit is being turfed out of our building due to a 100% rent increase.
The new tenant? Rinse.com. Get your laundry done on demand. Picked up (by non-employee contract drivers), cleaned (by a contract bulk commercial cleaning facility not owned by Rinse) and delivered back to you for only 25-50% more than your neighborhood laundry. Can you say disruption?
And there are competitors!
getwashio.com; instawash.us; laundrylocker.com and (sign of that coming downturn?) recently shuttered prim.com.
While there may be more there there than pets.com; it still seems that going after a narrow niche with a small margin business dependent on high-disposable-income clients means we are awash in the frothy suds of an economic cycle top.
I'd go on, but my rinse cycle just finished and I have to go up hang my t-shirts.
Vince Koloski
415-822-8194
--------------------------------------------
On Mon, 6/8/15, Brian Howell <bdho...@gmail.com> wrote:
Subject: [Ipse Dixit] Another recession looming? Check out the skyscraper index!
To: Ipse-...@googlegroups.com
Date: Monday, June 8, 2015, 8:01 AM
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My non-profit is being turfed out of our building due to a 100% rent increase.
The new tenant? Rinse.com. Get your laundry done on demand. Picked up (by non-employee contract drivers), cleaned (by a contract bulk commercial cleaning facility not owned by Rinse) and delivered back to you for only 25-50% more than your neighborhood laundry. Can you say disruption?
And there are competitors!
getwashio.com; instawash.us; laundrylocker.com and (sign of that coming downturn?) recently shuttered prim.com.
While there may be more there there than pets.com; it still seems that going after a narrow niche with a small margin business dependent on high-disposable-income clients means we are awash in the frothy suds of an economic cycle top.
I'd go on, but my rinse cycle just finished and I have to go up hang my t-shirts.
Vince Koloski
415-822-8194
--------------------------------------------
On Mon, 6/8/15, Brian Howell <bdho...@gmail.com> wrote:
Subject: [Ipse Dixit] Another recession looming? Check out the skyscraper index!
To: Ipse-...@googlegroups.com
Date: Monday, June 8, 2015, 8:01 AM
You received this message because you are subscribed to the
Google Groups "Ipse Dixit" group.
To unsubscribe from this group and stop receiving emails
from it, send an email to Ipse-dixit+...@googlegroups.com.
To view this discussion on the web visit https://groups.google.com/d/msgid/Ipse-dixit/fc7f6f4c-7a9a-4116-ace2-446ab018bd2f%40googlegroups.com.
For more options, visit https://groups.google.com/d/optout.
Brian Howell
Jun 15, 2015, 4:32:33 PM6/15/15
to Ipse-...@googlegroups.com, vkol...@yahoo.com
Damn, I missed my chance for a ride on the Rinse Rocket!
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