The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he [...]
Consumers Saying Bah Humbug!
December 16, 2011As the race to the bottom of cutting profit margins by retailers continues despite the mainstream media’s hype to convince viewers and readers that the economy has turned a corner and consumer confidence has returned as evidenced by the sales on Black Friday/Cyber Monday, the truth of the matter is that it ain’t necessarily so. [...]
Tagged as: consumers and holiday sales, demise of middle class, demise of the middle class, holiday donations, Middle Class, problems with consumer driven economy, Reformed Liberal, savvy consumers, stock market, unemployment stats, why consumers are spending
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