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The end of cheap clothes is near
BBC ^ | 23 April 2008 | Jorn Madslien

Posted on 04/23/2008 10:08:13 PM PDT by fishhound

ood prices have shot up in response to a surge in crop prices. Now consumers should get ready for clothes prices to follow suit.

Garment makers are seeing demand shrink as consumers in the US and Europe are cutting back on spending.

US cotton consumption is set to fall 6.5% from last year to less than a million tonnes whilst EU consumption is expected to fall 11% to about 460,000 tonnes, the Economist Intelligence Unit (EIU) predicts.

At the same time, they are hit by more expensive raw materials and by soaring oil prices, which make their factories more expensive to operate and which pushes up the cost of shipping to foreign markets.

In India, the weaving industry is in crisis. In China, the textile sector is squeezed.

And, yet again, the root cause of their problems can be found in America.


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: bbc; cotton
"And, yet again, the root cause of their problems can be found in America. "

Hey Jorn.....SCR*W YOU.

1 posted on 04/23/2008 10:08:13 PM PDT by fishhound
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To: fishhound

Bush’s Fault

Women and Minorities hardest hit.


2 posted on 04/23/2008 10:13:22 PM PDT by a_chronic_whiner (Captain: For Great Justice)
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To: fishhound

I’m a size 3 or 4X depending on the manufacturer, suit size 62, and I rarely spend more than $10 on a shirt or $20 on a pair of slacks or jeans. And no, I have never bought clothes second-hand or from a thrift store. This guy is nuts!


3 posted on 04/23/2008 10:15:12 PM PDT by 2ndDivisionVet (McCain could never convince me to vote for him. Only Hillary or Obama can!)
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To: fishhound
And, yet again, the root cause of their problems can be found in America.

Drats!! Jorn is on to my sinistar plan!!! He must be,,,,,,,,dealt with!!! BWHAHAHAHAHAHAHAHA!!!!!!
4 posted on 04/23/2008 10:15:50 PM PDT by kb2614 (Hell hath no fury than a bureaucrat scorned)
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To: a_chronic_whiner

price of burkas and other sheet clothes going up burkas


5 posted on 04/23/2008 10:22:23 PM PDT by fishhound (Boycott the Olympics in China.)
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To: kb2614

LOL.
But he still wants his biofeul at all costs.


6 posted on 04/23/2008 10:23:35 PM PDT by fishhound (Boycott the Olympics in China.)
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To: a_chronic_whiner

should read
price of burkas and other sheet clothes going up


7 posted on 04/23/2008 10:24:12 PM PDT by fishhound (Boycott the Olympics in China.)
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To: fishhound

okay, demand goes down, so prices go UP. Adam Smith must be spinning in his grave. I can’t help but think something besides the law of supply and demand is at work with all these crazy prices. I don’t want to get all tinfoil-hattish, but the more stories like this keep popping up, the squirrelier it seems.


8 posted on 04/23/2008 10:26:22 PM PDT by balch3
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To: balch3

Soros??


9 posted on 04/23/2008 10:33:16 PM PDT by The South Texan (The Drive By Media is America's worst enemy and American people don't know it.)
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To: balch3

I will stick with supply and demand. But is odd how much inertia this has in the stories.

Egyptian cotton farmers could be making a bundle or did thier gov’t make them grow biomass for feul...?


10 posted on 04/23/2008 10:33:36 PM PDT by fishhound (Boycott the Olympics in China.)
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To: fishhound

tomrrows headline

the end of cheap FR is here!


11 posted on 04/23/2008 10:38:48 PM PDT by BurbankKarl
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To: fishhound

The sky is falling!

Only Hussein von Gore can save us!


12 posted on 04/23/2008 10:52:01 PM PDT by devere
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To: fishhound

I have drastically cut down on my ood consumption.


13 posted on 04/23/2008 11:12:08 PM PDT by OeOeO (Sic Transit Gloria Mundi... Gloria get me a beer,and hurry..)
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To: OeOeO

What’s an ood?


14 posted on 04/23/2008 11:12:56 PM PDT by fishhound (Boycott the Olympics in China.)
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To: balch3

Inflation. Money “creation” by government.


15 posted on 04/23/2008 11:15:48 PM PDT by arthurus
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To: BurbankKarl

omg


16 posted on 04/23/2008 11:21:46 PM PDT by txhurl
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To: 2ndDivisionVet
"And no, I have never bought clothes second-hand or from a thrift store."

frugality is a virtue.

oh. o.k. its just common sense.

17 posted on 04/23/2008 11:34:27 PM PDT by robomatik ((wine plug: renascentvineyards.com cabernet sauvignon, riesling, and merlot))
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To: fishhound

So this guy is predicting that a reduction in demand will lead to higher prices? I don’t think so.

If demand is fall, price could rise if supply decreases by a greater amount. But that does not seem to be what this guy is saying?


18 posted on 04/23/2008 11:35:25 PM PDT by JLS
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To: fishhound

Looks like there’s a letter missing from your post, I suspect an F, take a look. No harm,no foul. 8-)


19 posted on 04/23/2008 11:45:27 PM PDT by OeOeO (Sic Transit Gloria Mundi... Gloria get me a beer,and hurry..)
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To: fishhound

With all this global warming goin’ on, we don’t need no steenking clothes. How much is a nice (big) fig leaf nowadays?


20 posted on 04/23/2008 11:46:16 PM PDT by Misterioso
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To: 2ndDivisionVet

You are thrifty.


21 posted on 04/23/2008 11:58:59 PM PDT by fishhound (Boycott the Olympics in China.)
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To: 2ndDivisionVet
"I’m a size 3 or 4X depending on the manufacturer, suit size 62, and I rarely spend more than $10 on a shirt or $20 on a pair of slacks or jeans. And no, I have never bought clothes second-hand or from a thrift store. This guy is nuts!"

...same here on the thrift and nearly the same on the size. And if cheap clothing does go up, clients will have to pay me to dress peasant-office-casual. Polish the old class A shoes, and starch those cotton rags to new stiffness every day. ;-)


22 posted on 04/24/2008 12:48:03 AM PDT by familyop (No-vote)
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To: familyop

My houseman in Korea used to starch EVERYTHING! I had a heck of a time getting into jeans! LOL


23 posted on 04/24/2008 12:50:09 AM PDT by 2ndDivisionVet (McCain could never convince me to vote for him. Only Hillary or Obama can!)
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To: 2ndDivisionVet

;-)

We weren’t supposed to starch our BDUs (field uniforms), but as you probably know, most of us in combat platoons did so heavily when in garrison/reserve component drills. ...except for those who paid laundry businesses to do it. After a few years of doing that, starching casual work clothes became a habit for me.


24 posted on 04/24/2008 1:02:31 AM PDT by familyop (No-vote)
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To: familyop

I only wore BDUs my last couple of months in the service. I still think fatigues were a better looking uniform.


25 posted on 04/24/2008 1:03:57 AM PDT by 2ndDivisionVet (McCain could never convince me to vote for him. Only Hillary or Obama can!)
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To: fishhound
Now consumers should get ready for clothes prices to follow suit. Garment makers are seeing demand shrink as consumers in the US and Europe are cutting back on spending. US cotton consumption is set to fall 6.5% from last year to less than a million tonnes whilst EU consumption is expected to fall 11% to about 460,000 tonnes, the Economist Intelligence Unit (EIU) predicts.

Falling demand = higher prices? In what alternative universe?
26 posted on 04/24/2008 1:05:03 AM PDT by Kozak (Anti Shahada: There is no god named Allah, and Muhammed is a false prophet)
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To: devere
The sad part is that far too many people believe it's government that can save us and help is just a government program away. This latest notion began in the aftermath of 9/11 and it's picked up steam over the intervening years to where we are now in our eerie living out of Atlas Shrugged. (I hear they're supposed to be making a movie out of it, but this is ridiculous.)
27 posted on 04/24/2008 2:25:22 AM PDT by Dahoser (America's great untapped alternative energy source: The Founding Fathers spinning in their graves.)
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To: fishhound

The end of cheap EVERYTHING is near! At least, when the price is paid in US $.

The inflation Ben Bernanke is content to cause, to bail out debtors, the profligate, and the financially irresponsible, will ensure higher prices.

Savers be damned.


28 posted on 04/24/2008 3:52:21 AM PDT by Nervous Tick (I'm not voting FOR John McCain -- I'm voting AGAINST Hillary/Obama)
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To: Kozak

>> Falling demand = higher prices? In what alternative universe?

Inflation => higher prices for everything => falling demand for some things


29 posted on 04/24/2008 3:53:47 AM PDT by Nervous Tick (I'm not voting FOR John McCain -- I'm voting AGAINST Hillary/Obama)
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To: fishhound

Will this bring the mini-skirt back?


30 posted on 04/24/2008 5:00:08 AM PDT by thackney (life is fragile, handle with prayer)
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To: fishhound
Here's an Ood: http://www.bbc.co.uk/doctorwho/gallery/s2_08-09gallery/800/ood1.jpg

Last week's episode of Doctor Who said, however, that you could have your own Ood servant for only 50 credits. Apparently they had been more pricey at some point in the past.

31 posted on 04/24/2008 5:00:47 AM PDT by cybervyk
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To: fishhound
What’s an ood?

(It's a Doctor Who thing.)

32 posted on 04/24/2008 5:06:54 AM PDT by Overtaxed
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To: balch3
"squirrelier "

Is that a word?

Carolyn

33 posted on 04/24/2008 5:14:01 AM PDT by CDHart ("It's too late to work within the system and too early to shoot the b@#$%^&s."--Claire Wolfe)
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To: CDHart

You skipped right by “tinfoil-hattish” to ask about “squirrelier”?


34 posted on 04/24/2008 5:21:54 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
LOL! I must have missed that one!

Carolyn

35 posted on 04/24/2008 5:26:06 AM PDT by CDHart ("It's too late to work within the system and too early to shoot the b@#$%^&s."--Claire Wolfe)
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To: thackney
Hopefully, if not we can always dream.

Those miniskirts can sure get a man's 'distillation tower' cracking.

36 posted on 04/24/2008 5:31:31 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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To: Overtaxed

Thanks.


37 posted on 04/24/2008 9:09:09 AM PDT by fishhound (Boycott the Olympics in China.)
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To: Overtaxed
Sorry for the second post. Just testing out the embed. Yeah, that's what an Ood looks like. Thanks for the assist Overtaxed.
38 posted on 04/24/2008 8:06:09 PM PDT by cybervyk
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