Sunday, November 25, 2007

Sorry Nouriel, but that's the power of KPC!

At the start of Black Friday, we posted a gift guide and sent our readers out with instructions to "disappoint (uberbear) Nouriel Roubini". Well the results are in and retailers racked up sales of around $10.3 billion (which is 8.3% higher than last year, almost double the expected growth rate).

In a prepared response, spokesbears for Roubini pointed out that the sales figure was "only 9.5 billion Canadian Loonies" and that Americans "still should not buy any green bananas".

[please note that while I am making up all the stuff in the previous paragraph the strong holiday sales figures are real]