Barnes & Noble is going to cut staff after a terrible holiday season. Household debt is rising very quickly and surpasses the debt level in 2008, meanwhile the savings rate dips to it lowest level. Coats says the debt is unsustainable and the corporate media pushes the propaganda to set everything up for the take down of the US economy which will bring the global economy.
Thanks again, Dave. You always have my attention.
Thank You Dave, You were so right on store sale's that it would not be good.
Thank you Dave for the information.
Premera, in Seattle, is doing massive lay-offs today - 30%, including high paid IT/engineering staffs. How do I know this? - because a software engineer friend got the axe today as part of the 30%. Amazon is laying off people too - queue Microsoft and Google next. So sorry to report this, but the news of the "economic recovery" since 2008 has been GREATLY EXAGGERATED ...