Extremes are Everywhere
Many of you know that in the last few years there have been huge extremes in nearly every facit of life, nature, markets, etc... We have been watching and posting headlines such as, "Most rain ever recorded", or "Biggest Tsunami in history", or "Largest Hurricane to ever strike U.S." or "Worst drought the region has ever seeen", etc...
So it's no surprise they just keep coming. Today's headline has to do with shopping in the U.S. We all know that it has turned into an obsession for U.S. consumers to hang out at the mall and buy stuff...even stuff they don't need or never needed. One psychologist I talked to said that U.S. cosumers will shop when they feel bad because it makes them feel better to buy stuff. Wow...talk about a false god! We go to the mall instead of to our heavenly Father for comfort?
The headline today is; U.S. RETAIL SALES DROP IN OCTOBER BY MOST ON RECORD
Read the full article here; http://www.bloomberg.com/apps/news?pid=20601087&sid=apuJ73Xh2Pk8&refer=home
When an entire society has been built on it's people buying stuff that they don't need...using money that they don't have...believing it will make them happy...the formula simply won't last for long. It's just common sense.
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