Monday, February 2, 2009

Middle class meets the pawnbroker

Roy Stegner doesn't need an economist to know there's a recession.

All he has to do is look around his pawnshop.

His aisles are full of the cast-offs of the rich, such as fancy jewelry and snowmobiles. At his counter stand members of the fallen middle class, slightly embarrassed to be pawning their laptops and ATVs.

Read the rest of the article at the Pioneer Press.

What a short video on pawn shops here.

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