It means, for one thing, little businesses are on the verge of going out of business and are running out of time. I go to a vacuum cleaner repair shop, which has been located in a busy thoroughfare for decades, to buy replacement bags for my Royal upright vacuum cleaner. A one-man shop. Walls lined with photographs and yellowing newspaper articles about his customers and his family. I purchase the bags, nine of them for a little less than a dollar apiece. I ask if he takes debit cards. He says, he doesn't take debit or credit cards [any longer]. "Business gets slower and slower. I don't dare take cards [because of the transaction fees]". I pay cash. His cash register malfunctions as he obtains a few cents of change. "I'll fix anything," he said as I glanced around little reception room, with a half dozen repaired machines awaiting customer pick-up. "Recently, I fixed a curling iron."
Many people who repair their appliances, rather than buying new replacements, don't even have the money to repair them.
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