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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (71509)11/21/2007 4:23:49 PM
From: benwood  Respond to of 116555
 
Sea, I think you'll see more of that desperate-for-a-bargain consumer behavior, and so the 4AM crowds on Friday this year will smash records (and maybe each other's windshields). However, the full day may not be a record, and the season will *not* be a record as it will digresses into a game of chicken between these two cosmologically powerful forces (not of nature, because they are freaks of nature):

Maniacal American consumer that must have STUFF regardless of available financial resources

VS.

Massively overbuilt big box retail outlets fighting over the remaining scraps of US Consumers shopping addiction before involuntary shopper recovery program puts many dealers, er, chains, out of business.