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November 3, 2008

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Some eye-opening quotes in a WSJ piece tonight:

Our retail and manufacturing clients are seeing almost an aversion to consumption. In previous downturns [such as in 1991 and 2001], we have often seen shopping as therapy. [Now] people aren't shopping to feel better. They actually are not shopping to feel better.

-- Todd Lavieri, Archstone Consulting (via WSJ)

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