Customers Have No Money

Aug 17, 2007

Shockingly, big companies like Walmart and Home Depot have announced low sales and financial losses. The reason? They say that their customers do not have enough money to spend. Inflation, high interest rates, and a failing housing market have taken away middle class America’s spending money, and may mark an oncoming economic recession; this in the USA, a country where 1 in 8 people already live in poverty.

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Children suffering from Poverty