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credit crunchiness

updated mon 6 oct 08

 

Pat Southwood on fri 3 oct 08


Hi Richard, et al,

I did a show in london a couple of weeks ago.=20
I observed the following:

I was complained at for not taking credit.
I sold a bit less than last year.
My neibhour, who's pots are v. expensive, who does take credit=20
sold 4 times what she did last year.
go, as they say, figure.
Pat Southwood.

Lee Love on sat 4 oct 08


I wonder if we need to create a Artists and Craftsman's credit union?
Cut out the predators who do nothing but suck our blood? I bet some
progressive credit union would be open to working with us.

--
Lee Love in Minneapolis
http://heartclay.blogspot.com/
http://mashikopots.blogspot.com/
http://claycraft.blogspot.com/

"Let the beauty we love be what we do.
There are hundreds of ways to kneel and kiss the ground." --Rumi

John Rodgers on sat 4 oct 08


Pat,

Interesting story.

The fact is - the whole financial system runs on credit. The only thing
that is not credit, obviously, is cash at the time of sale. Everything
else is a credit of some sort or another. Checks are credit, as are
invoices due in 30 days, credit cards, notes, etc. So if you engage the
credit system, obviously you enhance your prospects of more sales. Yes,
your risk of loss goes up, but the potential sales far exceeds any loss
risk.

Regards,

John Rodgers
Chelsea, AL


Pat Southwood wrote:
> Hi Richard, et al,
>
> I did a show in london a couple of weeks ago.
> I observed the following:
>
> I was complained at for not taking credit.
> I sold a bit less than last year.
> My neibhour, who's pots are v. expensive, who does take credit
> sold 4 times what she did last year.
> go, as they say, figure.
> Pat Southwood.
>
>
>

Lee Love on sat 4 oct 08


On Sat, Oct 4, 2008 at 7:02 AM, John Rodgers wrote:

> The fact is - the whole financial system runs on credit.

They don't use checks in Japan. Folks are only now catching onto
plastic. There is a vast cash economy in Japan that isn't accurately
factored into the economic statistics.

Jean always takes some kind of "treat" when she goes to pay our
rent in cash. Sometimes, Mashiko Yuzu Monju. (my mouth is
watering!) Hamada used to eat a couple dozen Mashiko monju every
day. I think the azuki bean type, not the yuzu type (a citrus.) Or
yuzu rice crackers from the shop up the street from the monju shop.
When I visited, I brought a couple Whitman Samplers.

When Jean paid this month, during the harvest, our landlord Mrs
Takamatsu, gave he a big bag of of newly harvested rice. Our
landlord does a lot of business with the local farmers because they
have been in construction for years. And the Takamatsus redistribute
their rice gifts. We get rice from them twice a year, in the fall
and in the spring around planting time. We only have to buy a little
rice between those gifts. Jean took this year's gift of rice to
friends who have 4 kids, since it was way too much for her and new
rice is best enjoyed while it is new.

These relationships still exist in Japan, and I would guess,
in many rural places around the world. I don't know how much longer
they can go on in Japan.

--
Lee Love in Minneapolis
http://heartclay.blogspot.com/
http://mashikopots.blogspot.com/
http://claycraft.blogspot.com/

"Let the beauty we love be what we do.
There are hundreds of ways to kneel and kiss the ground." --Rumi