Retail sales chart Y/Y (must see)

I'm guessing most people here have seen this chart, but if you haven't LOOK. :eek:

pamggaabp.jpg

http://www.bloomberg.com/markets/ecalendar/index.html
 
American consumers went from spending 120% of income to ~55% currently... 1) They are scared 2) Credik dried up [that's old school ghetto spelling there, can't say you don't learn something by coming to ET]
 
Just how many IPOD'S doe's one household need?

the problem is everybody owns everything
they want so nobody is buying

Ed
 
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