Tuesday, Oct 16, 2007
thats it now... no money is left
CNN: The consumer buying binge is over
No more new cars, no xmas for the kids, no new teeth, nose job will have to wait..........
Posted by mark @ 04:52 PM (501 views) Add Comment
2 Comments
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1. deepak said...
I think there cards have maxed out and they aren't getting any more cards/loans to pay off the existing. hehehe
2. enuii said...
A very good article if you care to read it.
One wonders how certain European car manufacturers will fare as I guess it may be new Hyundai's and Malaysian manufactured Chevrolet's instead of BMW's and Merc's for many Americans. On the bright side at least we don't make much in the way of consumer durables for the jolly old US of A any more.