I predicted (yes, long before it was neon obvious) that we would see the retail industry basically die, bit by bit, right in front of us
over the past 7 years since I first started talking about this as "inevitable", we have seen wave after wave after wave of store closings
but the "issue" is not just the stores shutting down . . . there are real estate issues associated with mass store closings and potentially even more retail bankruptcies and mortgage defaults, on a mass scale . . . this will leave an ouchy . . . it will also impact the banking industry and thus the stock market and shit could start rolling downhill, fairly quickly
this masterful economy is not as strong, imo, as it might appear
#wave_pattern
over the past 7 years since I first started talking about this as "inevitable", we have seen wave after wave after wave of store closings
but the "issue" is not just the stores shutting down . . . there are real estate issues associated with mass store closings and potentially even more retail bankruptcies and mortgage defaults, on a mass scale . . . this will leave an ouchy . . . it will also impact the banking industry and thus the stock market and shit could start rolling downhill, fairly quickly
this masterful economy is not as strong, imo, as it might appear
#wave_pattern
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