How would the economy suffer?
2007-10-10 14:18:38 · 14 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
Assuming only Wal-mart was affected, other retailers would issue new shares on the New York stock exchange, and expand rapidly to take their place.
2007-10-10 14:27:28 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Well many who hate walmart would rejoice and praise god or something. Otherwise it would cost a lot of unemployment and people would be forced to shop at alternatives which could actually stimulate the economy, also the chinese would be very pissed if walmart shut down (they make over half the junk walmart sells).
2007-10-10 15:05:36 · answer #2 · answered by steve s 2 · 0⤊ 0⤋
everthing would cost more somewhere else. i know they supposedly hurt the economy, but i have more of my money left after shopping there. i can afford to have the neighbors boy cut my grass. without places like wal-mart i would not be able to do that. this really helps his finances.
2007-10-11 15:49:49 · answer #3 · answered by larry o 5 · 0⤊ 0⤋
The only "major catastrophe" that could do that is to have Hillery win in 2008.
2007-10-10 16:49:19 · answer #4 · answered by smsmith500 7 · 1⤊ 0⤋
no catastrophe what did America do before we had Wal-mart?
2007-10-10 15:03:21 · answer #5 · answered by santee s 2 · 0⤊ 0⤋
China would pee it's collective pants, and then start cashing all those bonds they hold over us. Then we'd be screwed. The government would be broke, start printing money as fast as the presses could spin, and inflation would shoot up to insane levels.
2007-10-10 14:22:47 · answer #6 · answered by Chance20_m 5 · 1⤊ 0⤋
In the short term, higher unemployment, higher wages, higher prices for goods, and a weakened real estate market. In the long run, higher employment, stronger unions, higher prices, and a stronger real estate market due to higher employment and higher wages.
2007-10-10 14:40:11 · answer #7 · answered by infoman 2 · 0⤊ 0⤋
if you are talking just Walmarx I would dance a jig in the streets,i could live without them,IN FACT,I do live without them,I used to shop there but due to some local issues with the walmarts not fullfilling promises to the community I boycotted them.
2007-10-10 14:32:08 · answer #8 · answered by BarneyFife 3 · 1⤊ 0⤋
The same thing as the last time you asked this question two hours ago. Stop spamming!
2007-10-10 14:27:07 · answer #9 · answered by Anonymous · 1⤊ 0⤋
Perhaps a recession...everyone would pay more since Walmart has the efficiency thing down to a science!
2007-10-10 14:22:06 · answer #10 · answered by Anonymous · 1⤊ 2⤋