Added: 3 years ago
From: ReutersVideo
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  • Can you really slam a wallet shut? I tried, it just looked like I was closing it quickly with rage...

  • im glad they have a youtube page.

    Everytime i would watch Reuters videro on my home page it would buffer & load & then there would be Advertisments.

    on here it plays rightaway & alot smoother

  • you didn't bought

  • big deal...you don't bought 2 extra pairshoes or another brand new gaming console..so sad...come on do you really need does those gadgets or expensive clothes or jewelry to live? Americans been spend too much or waste so much money!!!  to me those drops are actually good sign because now consumers are now think b4 they buy.

  • these #s are a lie, not even close, try 20%-

  • Well isn't this funny. They expected us to spend more up by 2.2. Ha and where were we supposed to get the money to spend more? The gas prices through the roof, food prices not far behind and mortgage resets just waiting to swallow homeowners alive. People struggled through spring, summer and fall before anything was done to bring the gas prices down. That doesn't help those who had to use their savings to make ends meet. And what of those who had no savings? Sickening what greed does.

  • so just about a 3% drop will cause hundreds of thousands of stores to close down?

  • Interesting point about the rent/land cost.

    I worked for a company whose CEO rented a building-didn't buy it-using a deal that was cheap...initially. The rent just kept going up, because the building was in a prime area. All it took was a slight downturn in the economy, and that short-sighted decision cost hundreds their jobs a few years down the road. The company has relocated, changed its name (!) and now, 8 years later, is still struggling to make it.

  • When diamond sales plummet, something else slams shut. Can you guess what it is? A SET OF POON LIPS! Sorry...

  • we dont need to buy stuff we need peace freedom and love.

  • fuck u hippe bitch fucking u......ughhhh fuck u....go suck a dick

  • Finally, someone mentions the bad winter. LOL. :-P

  • It's not that "they can't buy", it is a change in awareness. Some people choose to save a little and the media reports how they hurt the economy. Well guess what, most businesses prey on consumers using marketing, sales techniques, product placement, celebrities, image, etc. to coerce consumers into buying shit they don't really need. 30 years of this growing trend and they cry about 3% loss one year. Greedy! Bravo for the people out there who are not mass consumers. Keep THIN[]KING

  • you are right :)

  • best news I've heard all day.. Your doing the right thing America. Its time to start saving money and paying off the debt.. GOOD JOB!

    I wish our government would follow our footsteps..

    Print baby print!

  • are you out of your fucking mind.

    "I wish our government would follow our footsteps.."

  • GOOOOOOOO SPAM!!! (the mystery meat)

  • There was incredible credit expansion in the last 8 years or so. In fact, this all started around the early 90s when credit limits rose on credit cards along with loose credit practices. Many businesses had expanded, because of these sales made on credit. Business will have to contract, because the sales of the past were not REAL purchases. They were loans---now past due.

  • Your statement was right on.

    The expansion in business was artificial. Now we will all have to learn money 101 - only spend what you have. Buying clothes, movie tickets, and vacations via credit is going to be something of the past and hopefully for good!

  • Only Hilary's penis can save this economy!

  • hahahahahahahahahahahhahahahah­a

  • We will see...I got your channel and I will ask you what you think 2-4 yrs from now.

  • I cant wait for Obama and his sycophants in Washington to "stimulate" the economy to death once and for all.

    Those idiots think they can print money for ever, accrue all the debt in the world, and think everything will turn out OK.

    All empires collapse. America, its your turn. Good luck.

  • dennist3hmenace - I do agree with you that increased government spending is NOT the way to go. The only way to put money in the hands of "the consumer", the average American, is to cut taxes and there for government spending; that is of course taking into account sound fiscal practices. Sound fiscal practices being - spend less than you have, spending efficiently, prioritizing expenditures, etc... I don't believe most Democrats & Republicans are capable of such actions. Cont. 1 of 3

  • Then there is also the matter of the Federal Reserve "Central Bank" "Monopoly Anyone!?". As for the collapse or diminishing of "American Power & Influence", setting aside Americas imperial status, it is common knowledge that the greatest cause of most collapses are of ones own making. Bad Economics practices, infighting, resource mismanagement, inability to function properly or at all in some cases, limiting creativity, Cont. 2 of 3

  • adherent to old, outdated and harmful traditions, ignoring problems, NOT taking some preemptive actions, NOT implementing advancements, & the list goes on & on. At the moment the U.S.A. government unfortunately seems to be covering just about everything on the list. Also, a large number of other forces in the U.S. market seem to be operating under similar practices as well. Final 3 of 3

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