The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.
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Thursday, April 7, 2016
Mind The Gap 'n Crap aka. "Earnings"
"And then they all learned that there's no such thing as a jobless 'consumer'"
The way the Idiocracy writes these articles, one is led to believe this is solely a GAP specific problem which also owns Old Navy and Banana Republic both of which saw huge declines in same-store sales... Under Armour WAS the top performing retailer since 2009
Tiffany's aka. Highest End Retail
Nordstrom: Upper Middle Class retail...
Sears: What is left of the Middle Class
Dollar General
Sorry, jumping around a bit... China + U.S. = Casinos aka. Wynn Macau