With the US economy rebounding, a lot of the major retailers are predicting that feudal buying by consumers will continue into the later half of 2009. I think that when there is an economic down turn, people start to be careful with their expenses and this becomes a habit that continues into better times. Economic down turn might not be such a bad thing after all, eh?

We came back from Tesco yesterday with our weekly groceries, with a $80 bill. We were quite surprised because a few months back, we would have got the same stuff for around $60. The rising oil prices, the global credit crunch and the inflation make for a difficult time ahead. Even though the oil price has drpped down slightly compared to a few weeks ago, prices are still on the rise for groceries and food items. In terms of small...