Random Feed wrote an interesting post today on
Here’s a quick excerpt
The “Panic of ‘08″ will be followed by “The Collapse of ‘09.” In 2008, when the world’s largest financial firms and equity markets crumbled, Wall Street’s woes preoccupied the media. In 2009, the focus will broaden to include a range of calamities that will leave no sector unscathed. Next in line is retail, which accounts for some 70 percent of consumer spending, 26 percent of which is holiday sales. After the numbers are tallied to reveal a dismal retail Christmas, more big chain bankruptc

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