Retail Sales for December down 12.5%

[Cassandra Syndrome]

Cassandra was Vat take in 2009 down 19% ?
Retail sales down 18% 2009

What did you predict would happen Vat receipts 2010 ?
What did the DOF budget for ?
My view is that Vat take will fall 10% minimum

VAT receipts are down 36% from their peak, a reflection on plunge in the real economy. Its going to keep dropping. Its a vicious circle. THey should have let the banks go that night. Fu*k 'em.