A Sign of the Times

23 01 2009

I like to find quotes that reveal, perhaps, more than what the quoted thought he or she was communicating. Here’s one that I just couldn’t ignore, from an article in Yahoo Finance about the sagging economy, and consumers’ new aversion to spending…

“People are so scared they’re starting to save.”
-Howard Davidowitz, chairman of New York-based retail consultant and investment bank Davidowitz & Associates.

I don’t know if this is more a tongue-in-cheek comment, or indictment of the American way of life.

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