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The Ghost of Christmas Future
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The Ghost of Christmas Future

Our Correspondent
Dec 18, 2008
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The Ghost of Christmas Future
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In the United States they used to say that no retailer ever goes bankrupt before Christmas. The consumers flooding into the stores during the holiday season provided even sagging shopkeepers with a last dose of income and hope. The closing days of 2008 appear to be putting an end to such dreams, and not just for Detroit's distressed automakers.

The retai…

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