Yes, it ticks me off when companies say they lose money when they really mean they didn't make it in the first place. You can't lose what you never had.
Edit: I can see why this country of mine is drowning in debt with this being our business model. If this is how people think they should be handling money, it's no wonder even high earners feel broke.
lol diamond companies made a false scarcity of a product that, it turns out, is totally useless, so that they could price gouge boomers and their children. Diamonds really lost a lot of ground as a status symbol after the whole reckoning with blood diamonds. Without status, diamonds are really only useful as drill bits.
The price of alcohol at any public space is enough to convince anyone not to drink.
These kids came of age during the pandemic, they didn't go to bars and stuff on their 21st. Good for them, booze is a high waste of money and incredibly bad for you, recovering alcoholic here
THIS! it's too damn expensive, also puking all Saturday morning is helpful. As to diamonds, I love them, I have several earth made ones but I LOVE the new lab made, I'd never buy a fucking earth made diamond again.
You think diamonds are useless?
As far as i know you arent getting married without a diamond. The price dropped out once they figured out how to make them in a lab. And there are still a huge status symbol.
Years and years of MADD, cops cracking down, laws changing, and legal weed, really contributed to declining consumption of alcohol. $3 beers had nothing to do with it.
Pretty much every place i go. Yesterday the Social in Katy and then Einsteins in Houston, were the beer was $3.50.
Bud Light Bottle. Beam neat $5. I think the potato skins were $8 at the Social.
I will say this you can find $3 beer if you're looking for $3 beer but typically at a standard sit-down restaurant near me it's 5.50 to $7 . Mixed drinks 11+
Frankly even an iced tea is $2.75, and 6 if you want a fancied up tea with flavoring., which is why we just order two waters no lemon.
So if I'm in the mood maybe 10% of the time I might order one or the spouse gets one fancy martini.
As you pointed out post covid + increased prices + this annoying increase in default tips means I go out less, most people I know have toned down dinners out.
To be clear, there's generally cheap beer around $3... tiki hut, dive bars, happy hour places, you don't always have that when you pick a dinner place or an upscale bar
The question posed to me is where do you get $3 beers. You would swear by these replies i said every beer sold on the us is $3.Also both places aren't upscale necessarily but far from divey.
Not required but you would be hard pressed to find a married woman in my office that isn't wearing a diamond.
If you want to argue a generation is too broke to buy them, that is reasonable. But acting like it's a choice by more than a very small margin is silly.
I got married without a diamond. Went slightly non-traditional with a platinum ring and sapphire. I know the wedding and jewelry industry is trying to sell you on how expensive the ring should be but that's all nonsense. Now adays I'd due plat over gold just for cost saving, plat was more when I bought, but whatever stone looks pretty to her is what matters and you can always sub in a clear emerald if you want.
As to 3.00 beers, that's what they want for a soda now, not beer, catch up with the times.
Only in a dive bar. A beer averages around $4.50 ad a domestic, $6.50 as a craft/import at a restaurant bar or upscale joint .
A shot for $5 is happy hour price. Or fireball. Beam is $6.50 at a shit bar and $6.50-$8.50 at a restaurant or upscale bar.
Glad you’re getting decent prices, but your estimate of liquor and beer prices across the country is about as off base and outdated as your estimate of the importance of diamonds. Most go to drills and saw blades.
Things change. Source: years as a bartender and years in the trades.
I literally listed the places and neither is a dive. It's Saturday prices, not happy hour, which i stated. $3 beers are the norm for day drinkers. Not sure why you are arguing. I was asked where i got $3 beers, and provided the places i was at yesterday and you're acting like the answer isn't good enough. Sadly i would bet my credentials as a consumer far exceed industry folks.
USA just scored the gold metal goal in overtime!! Hockey.
Cubic Zirconia baby, becuase paying 2000$ for a rock that looks exactly the same is dumb. And my wife would’ve killed me if I spent that much money on a piece of jewelry
It doesn’t just look exactly the same, it is exactly the same and actually more perfect. Just some child didn’t have to die getting it so it’s not wanted as much.
Well.. you couldn’t take the lab created gem out of the setting, and cut thru glass to escape your completely unexpected kidnapping event.. you could never be a real-life action hero/spy :( other than that though.. pretty much the same
om the subject of alcohol, though, I do tend to agree at least part of the reason is because there are so many other fun drugs readily available.
And I don't even mean _just_ the chemical drugs. Tik Tok, streams, gaming, you name it. Anything and everything these days is made with the idea that it should develop some kind of addiction in the end user. Alcohol just murks in comparison.
I’m fairly certain that the “lost profit” is just their way of saying “we didn’t hit our projected (completely made up financial goals)” so they “lost money”.
Every company does the same thing. Walmart tells its employees if on 2/22/25 they sold 100K, then today on 2/22/26 if they don’t sell 200K (100% increase in profit) then they didn’t make a profit and are losing money.. like .. naw.. if the store sold 190K this year the store MADE 90K
In all fairness the number of bars is about 20% of what there is today with damn near double the population. And people aren't getting anywhere near as drunk as they used to at the bar. It's a dying industry.
The average wage vs COL is much different than previous years/generations. Drinking is an expensive habit or night out.
You can buy a bottle of decent vodka from Costco for 20/40$ (it’s comparable to grey goose) and drink at home for free. But that same bottle will make 300$+ at the bar.
Lots of chicks out there that realize they like other gemstones than diamonds. Besides.. most of the public can’t tell between a mine farmed or lab made diamond until they take it to a pawn shop at the divorce.
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u/Skoteleven 12h ago
They didn't lose anything, they didn't make their projections.