Here’s a striking chart from David Rosenberg this morning. It should be pretty self-explanatory.
Now check out David Rosenberg’s big trends and themes for 2010 — >
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See Also:
- One In 50 Americans Lives On Nothing But Food Stamps
- Deflation Means No Cost-Of-Living Increase For Social Security Recipients
- Rosenberg’s Themes For 2010: The Consumer Is Still Toast, Housing Is Down, And Everyone Is Delinquent On Everything