The Caribbean and the false expectations for the U.S. economy.

TODAY, YOU CAN TRUST IN EVERY CREDIT CARD, FRECUENTLY, THE CUSTOMER DENIED TO PAY COMPLAINT TO THE BANK HE DID NOT SIGNED THE PURCHASE. SOME STORE OWNER ARE REFUSING TO ACEPT CREDIT, ONLY DEBIT OR CASH TO SELL SOME ITEM OF HIGTH RISK OF LOOSING MONEY. MEDIA AMERICAN SPENT NINE CENTS TO TWENTY ONE OVER A DOLLAR EARNED WITHOUT ANY SAVING ACCOUNT IN THE BANK.

USA TODAY NEWS LINK:
http://www.usatoday.com/money/industries/retail/2009-01-08-retail-walmart_n.htm

The Caribbean and the false expectations for the U.S. economy. There are many who believe in the Caribbean with the presidency of Obama their problems are resolved, however, the reality is that take years to recover the U.S. economy is not yet known where or when the substance of the crisis the U.S. domestic market. But it applies to join Caribbean countries, and, to diversify their markets. An economic inestability can occur in any country at any time. Before the sinking of the global economy should be urgently appeal to the pooling of resources and ideas, the diversification of the market as is doing President Correa of Ecuador in his country, rather than to establish units that carried us to the seabed. The U.S. economy is very bad and has all the signs of which shall be made much worse. Obama is the helmsman of the boat in the middle of the storm. In times like that, the impossible dream of living like before in the "old good times" by the "old fashion way", fail. Gualterio Nunez Estrada, Sarasota, Florida.

(The background of this news are 29 thousands billions in credit that the customers cant not paid... in years to the date.!)
December was a cold month for retail sales
By Jayne O'Donnell, USA TODAY
Major retailers reported dismal December sales Thursday, stepping up store closings and making new bankruptcy filings likely in coming months.
Department and specialty stores were the hardest hit, but the recession is starting to take a toll on discounters. Wal-Mart (WMT), about the only retailer to increase sales, had a worse-than-expected 1.7% sales jump. The discounter warned investors Thursday that its fourth-quarter profit will be lower than it predicted, and that January sales may be flat.
Almost all retailers have posted declining sales for several months.
Macy's (M) said its sales were down 4% and announced plans to close 11 stores — from Indianapolis to Palm Beach, Fla.
MACY'S CLOSINGS: List of the 11 stores
Warnings by regional department store chain Gottschalks that it could run out of cash by month's end became public this week. Gottschalks' sales were down 9.6%. Bon-Ton Stores (BONT), another regional department store, posted dire results, too, with sales down 5.8%.
FIND MORE STORIES IN: Florida Wall Street New York St. Louis Indianapolis Los Angeles Nashville Wal-Mart Women Thomson Reuters Macy West Palm Beach Palm Beach Wal-Mart Stores Kmart Sears Abercrombie Nordstrom Saks Fifth Avenue Fitch Limited Brands Sears Holdings Craftsman Ken Perkins Costco Wholesale Goody November-December Kenmore Williams-Sonoma Department Stores Frank Badillo TNS Retail Forward Against All Odds Warnings Arden B Bon-Ton
Jeff Green, a sales forecaster and strategic analyst for malls and retailers, expects more closings for Macy's, which acquired the former May Department Stores in 2006. He also questioned whether Gottschalks and Bon-Ton can survive without filing for Chapter 11 bankruptcy protection.
Still, retail research and consulting firm TNS Retail Forward saw some promise in the numbers — which overall were down 1.5% from December 2007. December was better than November, Retail Forward noted, and was affected by bad weather and less-favorable exchange rates for tourists.
"These results provide signs that retail weakness may be bottoming out," says Retail Forward senior economist Frank Badillo.
January and February are typically the slowest retail sales months, however, so the dire holiday season prompted some retailers to move quickly:
•Women's clothier New York & Co. (NWY) announced it would close up to 50 of its 600 stores.
•The family clothing chain Goody's will begin liquidating its remaining 287 stores today.
•The hip-hop apparel chain Against All Odds filed for Chapter 11 this week and said it will liquidate some of its nearly 70 stores.
Neiman Marcus posted the worst monthly declines of the retailers reporting, with sales down 27.5% over December 2007. Saks Fifth Avenue (SKS) dropped 19.8%, and Nordstrom (JWN) was down 10.6%.