U.S. Consumers Will Be Spending Much Less This Holiday Season Because Many Of Them Are Already Tapped Out

This holiday season is certainly going to be far less jolly for millions of Americans.  Yesterday, I detailed 11 signs that economic activity in the U.S. is rapidly declining.  Well, today we have gotten even more bad news.  Thanks to deteriorating economic conditions, Americans plan to buy a lot less stuff this holiday season.  In fact, one survey that was just released has discovered that approximately half the country plans to “buy fewer things” this year…


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