April 28, 2011
NONE DARE CALL IT Stagflation. “It’s as if we have taken a long round-trip back to 1979.” Ha. In your dreams, buddy. It’s much worse than that.
Plus: Walmart CEO: Our Consumers Are Running Out Of Money. “Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday.”
Yeah, I’m hearing that too.