[paulycy]

It will hit -20 by the end of January.

Does anyone else think that Americans will pretty much stop spending after Christmas and the whole economy will grind to an almost-halt?

That'll do wonders for The 0ne's ratings.

[SeattleBruce]

Does anyone else think that Americans will pretty much stop spending after Christmas and the whole economy will grind to an almost-halt?
+++++++++++++++++

And temps let go, which will smack down the TOO rosy take on the 11,000 jobs loss slowdown that BOR made such a fool of himself on recently.

[Former Proud Canadian]

Does anyone else think that Americans will pretty much stop spending after Christmas and the whole economy will grind to an almost-halt?

Un, yeah. After Christmas look for layoffs to increase. Spending will decrease. The stock market will fall. Unemployment will increase and the official figures will be revised upward. Expect a bloodbath.

[Flint]

You betcha. And when all the Christmas help goes back on unemployment that number will skyrocket.