Wednesday, December 19, 2007

Not A Good Sign

Given our economy is 70% based on the American pathology of compulsive shopping, this is worrisome:

Still haven't started on the Christmas shopping? No need to worry; you'll have plenty of time this weekend. Nervous retailers are keeping their stores open longer to encourage shoppers. Many stores will be open before dawn and close in the early hours of the morning, but some are choosing not to close at all. One Macy's store plans to stay open from 7 a.m. Thursday until 6 p.m. Monday. "There's a lot of desperation out there," said a retail expert. "This is a weird, wacky holiday."
Is fiscal sanity returning to the American household?

Maybe.

Nah ............

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