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The government endorsed hype is the Krugman's fake Alien Invasion. Retail sales are probably pulled forward quite massively. Q3 retail numbers will look good. Just like 1999 Y2k spending goosing the IT company revenues. The layoffs will come later when the retails have to pay for the over-time for stocking and restocking bottled water and other supplies these few days, and wonder why bottled water sales fall off the cliff in the next few months.
posted by 24.91.39...
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