Word: markdowns
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Dates: during 1990-1999
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...separated by thousands of miles. So it's no surprise that Wicker, 46, an assistant district attorney in Isle of Palms, S.C., hasn't met many of her new friends in the flesh. But they're on her mind when she cruises clothing stores and comes upon a tantalizing markdown in designer duds. She buys by the armful, goes home to her computer and within a couple of days has set up her own fashion show--on eBay, in full view of anyone with a modem and a yen to bid on the clothes she puts up for auction. Bids...
...billion markdown is small change compared with the devastation that the Russian collapse inflicted on central banks and stock markets in other countries, even those seemingly out of harm's way. Venezuelans stumbled through a valiant, painful defense of their bond market, Brazilians scrambled to save their currency, and Americans watched a nervous stock market plummet, pause and plummet again. Russia's slide was a reminder that every investment is at heart a bet on the future. Last week the future looked awful...
...rational few should not condemn her too quickly. After all, with all Cambridge's loony shoppers shunning the tagged products, we can wait a few days for the inevitable markdown and cheaply snap up all the bunnicidal toiletries our callous little faces could ever need...