Death of a Gay Ghetto 13

Vancouver's (and God's Meth Lab's) Dirty Gay Secret -  
Poppers: the Asset Bubble (that just burst...)

“For us that represented a huge amount of sales and profit, so that’s what triggered it all........It’s not so much percentage of sales, but the gross profit it brought in, and proportionately it was very significant.”

-----Denis Leblanc, General Manager, Priape Inc., Priape closes all four Canadian stores, Daily Xtra 21 October 2013

Scanning the financial media for signs that the New-Normal, Grossly Inflated, Asset Bubble generated by endless rounds of overt and covert Quantitative Easing, was headed for a collapse........little did we realize that the harbinger of an Asset Bubble collapse would occur in God's Meth Lab in general, or that unflushed toilet on the West Coast that bills itself as World Class City, in particular.

We had previously alluded in this blog that the 4 classes of assets held by fags were:

1. chems
2. toys
3. porn
4. underwear

A reader in Vancouver informed us that Priape, a Canadian gay retailer, (its name, incidentally, is related to the medical term priapism which means an erection that just won't quit and needs medical attention) shut down its stores in Montreal, Toronto, Calgary and Vancouver.  Apparently they had rather a lot of debt which had been accruing well before the start of the Pride season in June 2013.

The publicly stated reason for the closure of the stores, is the warning against the sale and distribution of alkyl nitrites a.k.a. Poppers, issued by Health Canada in June 2013 just before the Pride season. It turns on the technical distinction between a narcotic and a drug. Whilst possession of alkyl nitrites is not illegal, Poppers are considered a drug whose sale is regulated by law. Unauthorized sales are punishable by jail and a fine.

Anyone who's studied business knows that it's not unusual for a company to have either roaring sales volume on one of its products, or a highly profitable product - just before it collapses. Apparently the latter was the case for Priape where, as can be seen from the quote above, the sales of Poppers were the most profitable item.

Read that last line again, fags.

Nationwide, across God's Meth Lab, Poppers kept this store afloat compared to its other product lines of toys, porn, clothes and leather. 

What does THAT tell you about the demographics and purchasing habits of fags in God's Meth Lab.......?

That's right......drug-fucked white trash.

And that's the scientific term.

We were absolutely right in identifying chems as one of the major "asset" classes for a fag's disposable income.

We're told from our source in Vancouver, that there's no shortage of online wailing and gnashing of teeth bemoaning yet another retail loss to "the community" (the-sort-of-2-blocks of it shared with the homeless, dollar stores, Starbucks and junk food franchises).  Typical. Gotta ramp up the drama.

We think it's not so much the "loss" to "the community" as it is the realization that, (unless one is in the pharmaceutical industry), chemically driven retail in a low-grade (c'mon dude, you've seen the pictures of Davie Street in this series), socially inept locale is not a sustainable business model.

Which got us thinking........all these "recreational drug users" (their PC term for what FuelMix alleges are part-time addicts) showing up to buy little bottles of Poppers that generated tremendous profitability and which by law are a drug........kinda makes a retailer look like a dealer.

Bottom Line: It was a drug bust AND a debt shutdown.



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