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2. Duis sed massa id mauris pretium venenatis.
3. Suspendisse cursus velit vel ligula.

* Mauris elit.
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Posted by nikka at 1:16 AM Comment Here

nothing big

Feb 17, 2009 12:53pm EST by Aaron Task in Investing, Recession
Related: WMT, WFMI, FDO, ^GSPC, ^DJI, RTH, TGT
There's no question the American consumer is hurting in the face of a burst housing bubble, financial market meltdown and rising unemployment.
But "the worst is yet to come," according to Howard Davidowitz, chairman of Davidowitz & Associates, who believes American's standard of living is undergoing a "permanent change" - and not for the better as a result of:

An $8 trillion negative wealth effect from declining home values.
A $10 trillion negative wealth effect from weakened capital markets.
A $14 trillion consumer

Posted by nikka at 8:25 PM Comment Here