tag:blogger.com,1999:blog-2992740250270600844.post98484498334716512..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: I See Dead Businesses!Bruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2992740250270600844.post-38025433574688342472014-10-24T22:01:09.052-07:002014-10-24T22:01:09.052-07:00One of the **very** few new buildings built on the...One of the **very** few new buildings built on the local highway in the past four years is a CVS. I saw someone putting up the "CVS" sign today, it should open next month.<br /><br />Other than that, there have been just one or two new businesses opening in old buildings. A new auto parts store opened in a former used car lot. The local Autozone opened in a building vacated by another auto repair place that moved across the street. That's about it, for three or four miles of a commercial strip.<br /><br />A local bank branch in a small mall anchored by a grocery store and a Target closed down and was actually torn down - it's part of the parking lot now.<br /><br />There are buildings that have been vacant or left half-built for three years ALL along the two miles that I drive to work on this highway.<br /><br />There has ironically been more construction on the road itself than on the buildings that are on either side of the road. One wonders where these commuters are driving to and from, as almost no new businesses are opening and some, such as Sears, are on their last legs.<br /><br />There is a new site about five miles away that has a brand new strip mall going up, but that is on "virgin" land that was forested about three years ago. The old malls die while just one or two new ones are being built from scratch. <br /><br />The economical rationale for building a brand new mall while two or three older ones within ten miles die escapes me, but then again I'm not a financier.<br />Nemohttps://www.blogger.com/profile/06599986967062238913noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-49492648661701603282014-10-24T11:08:48.438-07:002014-10-24T11:08:48.438-07:00Thanks for your comment. In my area I would add to...Thanks for your comment. In my area I would add to your list hospitals when it comes to government money. Auto zone, CVS, Walgreen Drugs, and Gas Stations when we look towards the Wall Street connection.Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-29975990326536766182014-10-24T07:38:54.923-07:002014-10-24T07:38:54.923-07:00Interesting and enlightening that you noticed the ...Interesting and enlightening that you noticed the Wall Street connection. I have been seeing and writing about the same decline in my neck of the woods but have noticed that those areas with a direct pipeline to Federal Money like colleges and universities seem to still be doing well. They are the only areas growing while all around them is in decline.<br /><br />PioneerPreppyhttps://www.blogger.com/profile/09269878017447335944noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-59805305727411408762014-10-24T06:02:39.382-07:002014-10-24T06:02:39.382-07:00I have been pushing this idea, for some time now. ...I have been pushing this idea, for some time now. True capital is energy, everything else is money. Now that net energy (total energy-energy to obtain it) is falling, there is a shortage of capital, Remember Easter Island,when the last tree was cut down .<br />"And the doctors said as they took their fees,<br />There is no cure fot this disease"Eric Blood Axehttps://www.blogger.com/profile/16838133655067827221noreply@blogger.com