Archive for October, 2008

CHICKEN LITTLE SAID

You know what Chicken Little said, “The sky is falling”. Has the bad news really come home to roost this time?

Our economy started out based on agriculture, then went to manufacturing, then to the information age, and now to consumerism. The challenge is that if consumer spending is receding, by definition, this is a recession. Yes, there is the “R” word that no one wants to utter, but I said it anyway.

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