Yahoo! Tech Ticker — “The Worst Is Yet to Come”: If You’re Not Petrified, You’re Not Paying Attention.

I try not to go all wonky on this blog, but I am a pretty active trader and I follow the market pretty closely. This fellow is known to be a serious retail expert. That’s important because consumer spending (used to) make up 70% of GDP, so he’s able to tell it like it is. And boy, it ain’t pretty. Highly, highly recommend that you watch this clip.