Tuesday, July 21, 2009

Stores Go Dark Where Buyers Once Roamed

New article in the NY Times today, "Stores Go Dark Where Buyers Once Roamed". To think when I started this blog (not that I have kept it up like I wanted to) there was still a discussion as to whether there would really be a recession or not. I have heard the word "crisis" used in other countries - but this is the first time I recall seeing it used in the U.S.

"It's a crisis,"

Yeah - you bet. We are in a recession/near depression - yet Goldman Sachs just had a blowout quarter. Funny how that can happen...