So now Harbor freight is offering credit and financing, who ever thought you would have to finance cheap Chinese junk ?
What does it say about our economy?
Steve Cortez, an economist on BannonsWarRoom on Rumble.com put up charts showing that 45% of restaurants failed to pay their rent in July.
And 35% of small businesses failed to pay their July rent.
Next they will be unable to pay their employees.
The inflation rate on the "must" have items of gasoline, groceries and housing is 29%
while the overall inflation rate is 8.1%
Not quite a trivial complaint, but it explains why, to make sales to stay in business, Harbor Freight is now offering financing.
Their books will look good until the consumer bankruptcies start.
Get ready for a buying opportunity when jet ski, boat, rv and second home prices fall starting now and continuing through the Fall.
Very few boats and jet skis are seen at Clarksburg Boat Launch this season, reportedly because of the price of gas.
Compare that to the Covid stimulus check not working crowds of boats and newly purchased used and new jet skis last Summer and the Summer before.