“The Worst Is Yet to Come”

If You're Not Petrified, You're Not Paying Attention!!

"We're in a complete mess and the consumer is smart enough to know it," says Davidowitz, whose firm does consulting for the retail industry. "If the consumer isn't petrified, he or she is a damn fool."
"The worst is yet to come with consumers and banks,the World is going into a 10-year decline. Living standards will never be the same."

"We're now in Barack Obama's world where money goes into the most inefficient parts of the economy and we're bailing everyone out," says Daviowitz. "The bailout money is in the sewer and gone."