[lbo-talk] Inside The December Retail Report: “Disappointing” Isn’t The Half Of It

[Shane Mage]

On Jan 14, 2015, at 5:40 PM, Shane Mage wrote:


> http://davidstockmanscontracorner.com/inside-the-december-retail-report-disappointing-isnt-the-half-of-it/

"You can also bet that our mad money printers have no clue that  
today’s retail report was far worse than the headlines proclaimed.  
They have pumped the auto debt bubble about as far as it can go; and  
the bars and restaurants are more than saturated with spending from  
“wealth effects”  beneficiaries who do not have many windfall gains  
yet to harvest.