Neither the Thanksgiving doorbuster hoopla nor the chaos it caused can hide the inconvenient fact that American consumers live in the real economy, a rather drab place, not the glittery one that the Fed inflated into gorgeous bubbles.
Neither the Thanksgiving doorbuster hoopla nor the chaos it caused can hide the inconvenient fact that American consumers live in the real economy, a rather drab place, not the glittery one that the Fed inflated into gorgeous bubbles.
Wolf Richter: Strung-Out Consumers, Desperate Retailers, Crummy Sales « naked capitalism
