Until now, the economy has been in a slow-but-steady decline, the ripple effects have caused smart managers to act in any number of protective modes, but the steady decline is slowing – we’re nearing a tipping point where a number of major chains are not just failing …..
It won’t be a “ripple” … rather, as a calving glacier sets up a tsunami, these firms closing thousands of their outlets will surely have a far reaching impact on the economy ….. and smaller metropolitan areas are sure to feel the impact much more intensely!
All this is something I claim the Obama Administration has been working at since its inception. They want the economy to fail so people will become more dependent on the government!
They’ve (not just the Obama Administration) but instead, the puppet masters behind the scenes, … the wealthy which plan to put the masses of the world back into slavery!
One can blame ObamaCare – The Affordable Care Act; it’s just part of the picture and as more people become unemployed, people will support having government mandated insurance.
They, the wealthy, have been getting their ‘ducks-in-a-row’ for eons, but now, finally, … the time is upon us ….. and most likely you’re not adequately prepared! Note that the government just purchased 450,000,000 rounds of hollow-point ammunition to meet the resistance head on …. mark my words, resistance, …. revolt will come …. Ask what the Oregon bills in the legislature are all about, …
…why the shooting in Sandy Hook, the beheadings in New Jersey …. we’re living in a pressure cooker! Some of the major stores about to close a number of local outlets; the list follows:
- Best Buy – 200 to 250
- Sears Holding Corp. — Kmart 175 to 225, Sears 100 to 125
- J.C. Penney – 300 to 350
- Office Depot – 125 to 150
- Barnes & Noble – 190 to 240, per company comments
- Gamestop – 500 to 600
- OfficeMax – 150 to 175
- RadioShack – 450 to 550