Thursday, February 18, 2010

Walmart getting what they deserve

http://www.forbes.com/2010/02/18/wal-mart-retail-markets-equities-earnings-sams.html?boxes=financechannelforbes

"Wal-Mart's third-consecutive quarterly decline, as consumers continue to rein in discretionary spending amid a tough economy and stubbornly high unemployment."

Unemployment that Wal-Mart helps to create. It is fine that they drive off all the local businesses and force all of their inventory to be made in China. But they shouldn't be surprised when the sales begin to dry up.

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