This news story has 5 comments:

Register or Login to rate comments »
•  
  

  • James Quinn: 
  • Comments (509)
  •  • Instablog (212)

  • •
  • TheBurningPlatform.com
  Retail will be falling for years.
  
  theburningplatform.com...

  Apr 14 08:53 AM | Link | Reply
•  
  

  • Wasabinator: 
  • Comments (23)
  All the news I am reading suggests that this was an 'unexpected' drop in retail sales. Unexpected drop?? Do these analysis have rocks in their head?

  Apr 14 09:22 AM | Link | Reply
•  
  

  • joshuaodonnell: 
  • Comments (185)
  Of course retail fell. We have lost over 40 trillion dollars of wealth in the past 16 months. The real world unemployment rate is 16% in the U.S alone. We are in a deflationary period...oil can't stay above 50/barrel.
  
  Its going to get worse. All of these banks are lying about the true value of there losses... Goldman made money? fine, but what about the billions of dollars of losses they still have...the still haven't returned the TARP funds yet. Why is that? Its because they can't afford too!

  Apr 14 09:23 AM | Link | Reply
•  
  

  • youngman442002: 
  • Comments (586)
  It amazes me how far off the "professionals" were....to me part of it was politics..lots of people want the President to succeed and bad economic new will not help him...so they read the tea leaves all for the better....I just have to look aroung me to myself, my habit changes and my close friends habit changes.....we have all cut back...and I am not a "professional"

  Apr 14 09:39 AM | Link | Reply
•  
  

  • beenburnedt...: 
  • Comments (77)
  Until we are allowed to deflate I agree that this will continue for a year or two.

  Apr 14 03:41 PM | Link | Reply