Economy great - for pawnshops

Posted on Fri, May. 2, 2008
By Alfred Lubrano

Inquirer Staff Writer

People are cleaning out their houses of gold, silver, whatever, to get money just to fill their cars with gas," said Nat Leonard, 51, whose grandfather opened Society Hill in 1929. "People are pawning out like crazy."

"We never saw so many people in here 30 and younger," Society Hill associate Damien Robinson said. He spoke as a 22-year-old Neumann College graduate walked out with a $75 loan on her Dell laptop computer. "What are young people going to do for rent now that apartments are so expensive?"

"I've got business owners coming in to pawn things just to make their payrolls," Leonard said, incredulous. "I've never seen that before."

http://www.philly.com/inquirer/home_top_left_story/18479604.html

on the radio.

:shrug:

once everything has been pawned for food and/or gas, then it's going to get very ugly.

the stuff or other people come in to buy it.

They risk being stuck with a lot of stuff they can't unload.