Once-popular stores are closing their doors with increasing frequency. (Photo/iStock)
Imagine if I was to go country by country and post the tax & fees hikes, cost of living hikes, the depreciating wages, the volatile currency valuations, the failing pension funds, the austerity policies, the mountain of debt, the increasing unemployment, the threatening homelessness, the rising costs of healthcare, and the downgraded credit rating in recent years.
Indeed, that information would be voluminous!
That amount of detailed information is beyond the scope of this discussion.
Thus, below are only snapshots of troubling economic signs and in no particular order.
The point is, you can detect the trend, and you have a need to know the truth.
You have choices, you can take your money out of the banks, you can transform national currency into land and other tangible assets. ~Ron
With some retailers, including Sports Authority (450 stores) and Sports Chalet, closing all of their stores, and others, like Aeropostale, teetering on the edge of heading into the great strip mall in the sky, this has been a difficult year for brick-and-mortar retailers.
The damage, however, is not limited to the chains that are closing up shop entirely. A number of others — including some iconic names — are getting smaller, closing stores as a way to shrink into, if not profitability, at least lower losses. –govtslaves.info
- Retail Armageddon: More bankruptcies in four months than all of 2016!
These are big changes in the retail market as storefronts close in the face of ‘e-tailers’ and big boxes – Read: usc news
- Moody’s downgraded China’s Sovereign Credit Rating!
This will have ripple effects for months and internationally; consider debts become more difficult to service, consider fees and taxes rising to pay for the increased cost or interest on their debt (the cost of cheap goods may no longer be so cheap and the loans to massive transportation fleets such as airliners and ships may face these challenges as they attempt to pass the cost to their clients and customers)…
- Will S&P’s be next to downgrade China?
Or will China’s dispute effect the currency wars?
Note the central bank officials have means (capital controls) to manipulate or intervene in the markets…
- Remember in the April 2017 “Global Financial Stability Report,” IMF researchers reported:
“Corporate credit fundamentals have started to weaken, creating conditions that have historically preceded a credit cycle downturn. Asset quality—measured, for example, by the share of deals with weaker covenants—has deteriorated.”“At the same time, a rising share of rating downgrades suggests rising credit risks in a number of industries, including energy and related firms in the context of oil price adjustments and also in capital goods and health care. Also consistent with this late stage in the credit cycle, corporate sector leverage has risen to elevated levels.”
Title: Mass U.S. Store Closures HAVE BEGUN! Guess Which Store is the ONLY One Opening
Video posted 27 May 2017 by The Money GPS ~ Author Exposing the Truth
Title: Chris Martenson-Stock Market is Speculation-Invest In Real Stuff
Video posted 27 May 2017 by Greg Hunter
If you want more information about the PeakProsperity.com webinar called “The End of Money” with David Stockman, Axel Merk and G. Edward Griffin or want to sign up for it:
BRAZIL In Crisis!
Protesters demanding the resignation of Brazilian President Michel Temer.
Embattled President Michel Temer deploys troops to streets. Temer is accused of forming a military dictatorship as well as being a criminal with whistleblowers and documents as public evidence…
Title: Brazil Rapidly Escalating CHAOS and CIVIL UNREST! President Responds With FORCE!
Video posted 24 May 2017 by The Money GPS ~ Author Exposing the Truth
The military has been activated to confront protests…
As the poor join protests, Venezuela may be hitting a turning point – The Washington Post
Brazil protesters, police clash in first general strike in decades | Reuters