Sunday, August 16, 2015

Malls In Meltdown: The Kunstler Moment Has Arrived

In our dystopian future i.e now, the .0001% will buy their Amazon merchandise direct from China and have it drop shipped to their doorstep by drones. No human intervention required.

The rest of us will sift through the landfills Mad Max style, searching for scraps to feed our children.

But then we'll finally remember that the true meaning of the Second Amendment wasn't to use .50 caliber sniper rifles to go deer hunting, and all of that will change. Rather quickly.

ZH: August 16, 2015
American Malls In Meltdown

First Walmart destroyed small businesses and now profitless Amazon is destroying Walmart. The race to the bottom has reached the bottom, to the latent surprise of dumbfucks everywhere...

I was wondering why the Retail Sector was holding up so well, and it's solely because it's overweight Amazon and Home Depot. Aside from those stocks, the sector is a total disaster, starting with you know who...

Walmart:




Sears...




Kohl's: Darling of the retail sector, until right now...



High end retail is getting killed by China i.e. the marginal buyer of all things luxury...
Ralph Lauren:



Coach:



The world's #1 retailer in terms of sales, which has made less profit in its entire existence (circa. 1994) than Walmart makes in one quarter:




Selling dollar bills for 90 cents is a great business model.

For those who aspire to the Third World.