| selnor said: If a child wants a console for christmas the parent will choose another if they cant afford a particualr one. Especially if they have like 3-5 children. They could never afford to get expensive gifts for all. And you are right F1 on it's own is not pure evidence. So I'll add that Woolworths is on the verge of troubles and Miss Sixty in the UK is the latest to go into administration. The crunch is felt here to, and our house market is the worst it's been for 12 years. http://www.guardian.co.uk/business/2008/oct/01/retail.creditcrunch http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/2820883/Wobbly-Woolworths-faces-tough-Christmas.html
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Okay... so what's causing Woolworths to go all Wibbly-Wobbly in the UK? The problem here in the states is primarily due to ARM loans that should never have been given (and the ensuing consumer panic now that the issue has come home to roost).
