I don’t need CNN to tell me anything.
I need only the knowledge that people cannot use their homes as ATM machines this year to tell me that this will be a really bad retail Christmas.
Our economy is built on credit. When people aint got it, they don’t buy stuff.
It’s not rocket science.
I mean, if you are CNN's target demographic (easily convinced of impending doom), and believe that our nearly six-year economic expansion is purely credit-driven . . . .