If the economy is improving, then why are many of the largest retail chains in America closing hundreds of stores? When I was growing up, Sears, J.C. Penney, Best Buy and RadioShack were all considered to be unstoppable retail powerhouses. But now it is being projected that all of them will close hundreds of stores before the end of 2013. Even Wal-Mart is running into problems. A recent internal Wal-Mart memo that was leaked to Bloombergdescribed February sales as a “total disaster”. So why is this happening? Why are major retail chains all over America collapsing? Is the “retail apocalypse” upon us? Well, the truth is that this is just another sign that the U.S. economy is falling apart right in front of our eyes. Incomes are declining, taxes are going up, government dependence is at an all-time high, and according to the Bureau of Labor Statistics the percentage of the U.S. labor force that is employed has been steadily falling since 2006. The top 10% of all income earners in the U.S. are still doing very well, but most U.S. consumers are either flat broke or are drowning in debt. The large disposable incomes that the big retail chains have depended upon in the past simply are not there anymore. So retail chains all over the United States are now closing up unprofitable stores. This is especially true in low income areas.
When you step back and take a look at the bigger picture, the rapid decline of some of our largest retail chains really is stunning.
It is happening already in some areas, but soon half empty malls and boarded up storefronts will litter the landscapes of cities all over America.
Just check out some of these store closing numbers for 2013. These numbers are from a recent Yahoo Finance article…
Best Buy
Forecast store closings: 200 to 250
Sears Holding Corp.
Forecast store closings: Kmart 175 to 225, Sears 100 to 125
J.C. Penney
Forecast store closings: 300 to 350
Office Depot
Forecast store closings: 125 to 150
Barnes & Noble
Forecast store closings: 190 to 240, per company comments
Gamestop
Forecast store closings: 500 to 600
OfficeMax
Forecast store closings: 150 to 175
RadioShack
Forecast store closings: 450 to 550
But the truth is that those store closings are not the entire story. When you dig deeper you find a lot more retailers that are in trouble.
For example, Blockbuster recently announced that this year they will be closing about 300 stores and eliminating about 3,000 jobs.
Toy manufacturer Hasbro recently announced that they will be reducing the size of their workforce by about 10 percent.
Even Wal-Mart is going through a tough stretch right now. According to documents that were leaked to Bloomberg, Wal-Mart is having an absolutely disastrous February…
Wal-Mart Stores Inc. had the worst sales start to a month in seven years as payroll-tax increases hit shoppers already battling a slow economy, according to internal e-mails obtained by Bloomberg News.So what in the world is going on here?
“In case you haven’t seen a sales report these days, February MTD sales are a total disaster,” Jerry Murray, Wal- Mart’s vice president of finance and logistics, said in a Feb. 12 e-mail to other executives, referring to month-to-date sales. “The worst start to a month I have seen in my ~7 years with the company.”
The mainstream media continues to proclaim that we are experiencing a robust “economic recovery”, but at the same time there are a whole host of indications that things are continually getting worse.
Even global cell phone sales actually declined slightly in 2012. That was the first time that has happened since the last recession.
Perhaps it is time that we faced the truth. The middle class is shrinking, incomes are declining and there are not nearly as many jobs as there used to be.
Mort Zuckerman pointed this out in a recent article in the Wall Street Journal…
John from http://www.growingyourgreens.com
visits the maker faire to learn about how to grow food in your windows
and on your walls. Plants on walls a new system to grow plants
vertically up any inside or outside well. Also learn about window
gardens, a way to hydroponically grow food in any window of an
apartment, condo or home. These are great alternatives to container
growing in small spaces.
The U.S. labor market, which peaked in November 2007 when there were 139,143,000 jobs, now encompasses only 132,705,000 workers, a drop of 6.4 million jobs from the peak. The only work that has increased is part-time, and that is because it allows employers to reduce costs through a diminished benefit package or none at all.So how can the mainstream media be talking about how “good” things are if we still have 6.4 million fewer jobs than we had back in November 2007?
And sadly, things may soon be getting a lot worse. If Congress does not do anything about the “sequester”, millions of federal workers may shortly be facing some very painful furloughs according to CNN…
Federal workers could start facing furloughs as early as April, according to federal agencies trying to prepare for the worst.If you still live in an area of the country where the stores and the restaurants are booming, you should be very thankful because that is not the reality for most of the country.
Unless Congress steps in, some $85 billion in massive spending reductions will hit the federal government, doling out furloughs to much of the nation’s 2.1 million federal workforce, experts say.
I often write about the stunning economic decline of major cities such as Detroit, but there are huge sections of rural America that are in even worse shape than Detroit in many ways.
For example, many Indian reservations all over America have been shamefully neglected by the federal government and have become hotbeds for crime, drugs and poverty.
Business Insider recently profiled the Wind River Indian reservation in western Wyoming. The following is a brief excerpt from thatoutstanding article…
The Wind River Indian Reservation is not an easy place to get to, but I had to see it for myself.You can see some amazing photos of the Wind River Indian reservationright here.
Thirty-five-hundred square miles of prairie and mountains in western Wyoming, the reservation is home to bitter ancestral enemies: the Eastern Shoshone and Northern Arapaho tribes.
Even among reservations, it’s renowned for brutal crime, widespread drug use, and legal dumping of toxic waste.
It is hard to believe that there are places like that in America, but the truth is that conditions like that are spreading to more U.S. communities with each passing day.
We are a nation that is in an advanced state of decline. But as long as the financial markets are okay, our leaders don’t seem too concerned about the suffering that everyone else is going through.
In fact, former Federal Reserve Chairman Alan Greenspan essentially admitted as much during a recent interview with CNBC. The following is how a Zero Hedge article summarized that interview…
Starting at around 1:50, Greenspan states the odds of sequester occurring are very high – in fact, the playdough-faced ex-Chair-head notes, “I find it very difficult to find a scenario in which [the sequester] doesn’t happen” But when asked how this will affect the economy, Awkward Alan is unusually clearly spoken - “the issue is how does it affect the stock market.”
While not so many of our leaders have taken the path to direct truthiness, Greenspan somewhat shocks a Botox’d and babbling Bartiromo when he admits “the stock market is the key player in the game of economic growth.”
Bartiromo shifts uncomfortably in her seat, strokes her imaginary beard and stares blankly as Greenspan explains that while the sequester will have a real effect on the real economy, “if the stock market can hold up through this, then the effect will be rather minor.”Do you see?
As long as the stock market is moving higher they think that everything is just fine and dandy.
And the Obama administration?
They continue to pursue the same policies that got us into this mess.
Their idea of “economic reform” is to threaten to sue businessesthat do not hire ex-convicts.
And of course now that Obama has been re-elected he is putting a tremendous amount of effort into “stimulating the economy”.
For example, he spent this weekend golfing in Florida, and the Obamas recently spent about 20 million taxpayer dollars vacationing in Hawaii.
Meanwhile, the U.S. economy is getting worse with each passing day.
If you doubt that economic conditions are getting worse, please read this article: “Show This To Anyone That Believes That ‘Things Are Getting Better’ In America“.
When you look at the cold, hard numbers, it is undeniable what is happening to America.
And our leaders are not doing anything to fix our problems. In fact, most of the time they are just making things worse.
So buckle up and get prepared. We are in for very bumpy ride, and this is only just the beginning.
Source: http://investmentwatchblog.com/retail-apocalypse-why-are-major-retail-chains-all-over-america-collapsing-sears-j-c-penney-best-buy-and-radioshack-are-all-going-to-close-hundreds-of-stores-before-the-end-of-2013/
All links can be found at: http://cuttingthroughthematrix.com/
International multi-lingual transcripts for Alan Watt: http://www.alanwattsentientsentinel.eu/
Alan Watt recommended reading: http://www.scribd.com/doc/19388604/Al...
Note [This Youtube account and all associated videos are NOT in any way connected with Alan Watt]
Further tags:
Political Correctness, War on Our Minds, Media and Entertainment to Control Thinking of Generations, Crowd Mentality, "Equality" in Socialism, Battle for Individualism, Rockefeller, CFR, Clinton, Rothschild, economy, culture change, fashion, television, mind control, MK Ultra, School indoctrination, new world order, corruption, police state, criminals in powers, Paedophilia promotion, perverted society, freedom, rights, collectivism, totalitarian, Mass Drugging, media control, entertainment, distraction, lies, NGOs, United Nations, religion, new age, Brainwashing of Young, Psychopaths, Nihilists, Atheists, hedonism, modern society, movies, predictive programming, GMO, fluoride, MSG, dumbing down, books, 1984, orwell, huxley, brave new world, BBC, scientific socialism, bernays, propaganda, justice, system, laws, Tony Blair, british politics, george bush, wars, iraq, iran, terrorism, false flag terrorism, eugenics, climate change scam, global warming, EU, european union, democracy, slavery, choice, Aldous Huxley, julian huxley, WWF, UNESCO, child rights, Aerial Spraying, chemtrails, alaex jones, infowars, Weather Modification, HAARP, Social Change, Philosophers, perception, Aristocracy, Nature Worship, Universal Consciousness, 2012, mayan, aliens, UFO, sighting, Mystery Religions, william cooper, pyramids, all seeing eye, illuminati, Majority Obedience, taxation, Individual Soul, ancient aliens, david icke, infowars, spycatcher, constitution, God, religion, early church, doors of perception, law, corpus juris civillis, common law, freeman, justinian code, Psychic Phenomena, Paranormal, Human Nature, festivals, ancient, yule, Ages and Seasons, Holy Books, Destroying Old Cultures, old gods, Culture Creation, Mind Imprisonment, Brain Chip, British Welfare System, Big Brother, Freemasonry, CON-Sumer, black friday, Christmas Ritual, Patriot Leaders, Life Purpose, Interdependence, Brain Implants, Repetition, Cybernetics, the borg, Hegel, evolution, creation theory, big bang, science, Syria, conflict, iraq, middle east, warfare, hormones, BPA, Endocrine Disruptors, estrogen, Testosterone, Soy, sperm count, health, fitness, diet, weight, british medical journal, vaccines, dangers, school, education, learning, time, social policy, child development, growth, maturity, gun laws, gun control, US guns, right to bear arms, Second Amendment, UK gun control, UN gun treaty, responsibility, Government Transparency, sandy hook, shooting, coverup, police, drones, batman, drugs, obama, semi-automatic, gun bans, gun control, gun laws, mayan, doomsday, 2012, 2013, drug debate, solutions, addiction, prepper, preparing, survival skills, conservation, overpopulation, one child policy, hype, open carry, quigley, stan monteith, history, computer games, gamer, hollywood, celebrity culture, distractions, demographics, europe, music, fiction, behold a pale horse, conspiracy, british empire, economy, gulag, leftist, feminism, truth, gender, class, sexuality, Procrastination, Gradual Indoctrination, Bloodless Revolutions, Cultural and Information Wars, War on Poverty and Drugs, The Internet, Neo-Feudalism
You can find mor great stuff at at http://www.kunalchadha.com
Here are some free and/or open source programs for working with PDF files and similar documents:
Sumarta PDF - A pdf and document viewer
Okular - A pdf and document viewer
PDF Creator - Lets you 'print' anything into a PDF file
PDFsam - Lets you split or merge/combine PDF files
FreeOCR - Lets you turn scanned text into editable text
Here are some free and/or open source programs for working with PDF files and similar documents:
LINKS *COMING SOON*
Sumarta PDF - A pdf and document viewer
Okular - A pdf and document viewer
PDF Creator - Lets you 'print' anything into a PDF file
PDFsam - Lets you split or merge/combine PDF files
FreeOCR - Lets you turn scanned text into editable text
EXTRA TAGS:(PLZ IGNORE)
pdf tools edit pdf documents pdf editor best pdf makers pdf maker pdfx .pdfx ace free ocr ocr reader free software download free games dowenload kunal kunal chadha kunalchadha facebook hack tool free online pdf hack password on pdf free online generator backlinks free pr10 backlinks free seo search engine optimization free website creation
Pictures taken by me with my cell phone
Follow Uncle Bern on Twitter! http://twitter.com/BernardChapin
Please Hit "Like" for C-INFERNO Facebook Page
http://www.facebook.com/pages/Chapins...
Bernard Chapin with Chapin's INFERNO 1660 Political Views are Open Source
Reach me at bchapafl@hotmail.com
Official INFERNO Facebook Page
http://www.facebook.com/pages/Chapins...
Chapin's INFERNO Shirt:
http://hollywoodloser.com/shirts/Chap...
Official INFERNO Facebook Page
http://www.facebook.com/pages/Chapins...
Our Sponsor! Ships to the UK!
http://hollywoodloser.com/
Women: Theory and Practice
http://www.amazon.com/Women-Practice-...
Escape from Gangsta Island
http://www.amazon.com/Escape-Gangsta-...
Facebook:
http://www.facebook.com/#!/profile.ph...
http://twitter.com/BernardChapin
No comments:
Post a Comment