As economic indicators go, I always think food.
And when you look at eating habits in Manchester you can't avoid looking at those city favourites - pies and pasties. So I've had a look at that favourite haunt of construction workers' and city slickers alike - Greggs - to see if there's proof of an economuic downturn to be found there.
Interesting results!
All of us suffer from this economic restrain. Supply follows demand, that's how economics work – and there are few exceptions; one of them is not payday lending. Often, one of the criticisms of payday lending is the location of payday lenders, and often pawn shops as well. A recent Federal Reserve study, headed by Robin Prager, found that second tier lenders go to areas where most people don't have the credit to access bank loans – that means that supply is following demand, and the market is working. IT'S NATURE AT WORK – not predation. Instead of concerning yourself with payday lending and payday loans, why don't you concern yourself with alleviating poverty – you know, find a solution that has something to do with the problem.
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