Paul Mason
Paul Mason
Paul David Masonis an English former professional footballer who played as a midfielder from 1984 until 2000...
ProfessionSoccer Player
Date of Birth3 September 1963
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Consumer demand has been very soft for most of 2005 and this has forced retailers across Europe to be extremely cautious in investing in new product on top of existing high inventory levels.
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This month's decline in the CPI was small. But on top of the two previous months, it means that prices have fallen 1.6 percent, or 6.6 percent on an annualized basis, since October of last year.
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I'm shocked, there's nothing to justify the prices we're paying before Katrina, however there's a little more to justify the prices we're paying now,
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The categories revealing declines are not surprising, reflecting the discounting by retailers that routinely occurs during the later stages of the holiday season.
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In the mainframe world, contracts state that if I go out and trade my IBM mainframe for one that's twice as fast, then I have to go back to the vendor of the software and pay more money, ... Companies like BMC and CA have done very nicely over the last 10 years, and certainly over the last 5 years, when MIPS growth was just outrageous.
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One, the oil pipeline is restored. Two, consumers quit buying gas as if there's a gas shortage,
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Even after adjusting for seasonality, the rate has fallen every month since June of last year.
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It is doubtful that it will last, but it may explain the increase in consumer confidence over the period as purchasing power may have increased, at least temporarily.
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To say that there are different rules that would somehow apply, that the standards we use in other times are only 97 percent and now we're going for 100 percent, that's not a shading that I'm willing to participate in.
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The point comes where there starts to be a disconnect between the attempts to rapidly jack up those prices for faster MIPS and IBM's desire to push the cost of MIPS down,