Grupp: Huvudforum
America?s false profits
So it would be no exaggeration to say that when Wal-Mart says that its sales are sluggish, as it did on Monday August 23rd, you should take that as strong evidence that America?s indebted consumers are tightening their belts and the economy is having a rough spell. This will not be good news for corporate America if it continues. Might it be positively bad?
http://www.economist.com/agenda/displayStory.cfm?story_id=3124726