Americans' Standard of Living Permanently Changed

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Ron Shimshock's picture
Ron Shimshock
Status: Bronze Member (Offline)
Joined: Aug 27 2008
Posts: 35
Americans' Standard of Living Permanently Changed

Great video on Yahoo Tech Ticker with Howard Davidowitz, chairman of Davidowitz & Associates.  Talks with Aaron Task about what he sees as the fundamental changes coming to the American lifestyle based on the current financial market meltdown.  His outlook is the "worst is yet to come," but not necessarily a bad thing for American consumerism.  Good stuff.

Click here for Yahoo Tech Ticker Video

Denny Johnson's picture
Denny Johnson
Status: Gold Member (Offline)
Joined: Aug 13 2008
Posts: 348
Re: Americans' Standard of Living Permanently Changed

Thanks Ron.......hope you sent it to Davos for inclusion in manana's digest

fujisan's picture
fujisan
Status: Gold Member (Offline)
Joined: Nov 5 2008
Posts: 296
Re: Americans' Standard of Living Permanently Changed

Thanks, Davidowitz is plain correct. At least some people come back to earth.

Definitly should go in Davos' daily digest.

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