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Friday, November 23, 2007

Big spenders in America start to rein in their wallets

Highlight: "A big red flag went up with Nordstrom," Brusuelas says. "That has a lot of people worried about what we're going to see in the fourth quarter." Full story.

Unfortunately, I just don't have any solutions. Should we invest in foreign markets, convert our currency? I just don't know. Hoarding dollars won't matter because the Greenback is on life support as we speak. It's just a matter of time before they pull the plug.