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The ‘Retail Apocalypse’ Advances

As our incompetent, criminal government drops bombs, imports aliens, and burns money there are real problems at home. The economy, propped up by Federal Reserve necromancy and public deception, falters – they call it the “everything bubble.” In few areas is that more noticeable than in the retail sector.

Brick and mortar shops, large and small, are being hammered out of existence. It’s not the internet killing them; it’s a lack of money with average citizens and crushing debt. Nationwide retailers are either closing, bankrupt, or defaulting on obligations. This include giants and staples like Sears. When the people have no money, they don’t shop. When they don’t shop, stores close. No stores, no options and few jobs. A vicious circle.

 

LEARN MORE FROM PETER SCHIFF AND LRC

 

Picture by CNBC.

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