All The Theories About The Deteriorating Economy Are Now Becoming Facts - Episode 1472a

x22report (75) in retailers • 7 years ago

Retailers are beginning to close stores and layoff employees, Walmart will be getting rid of 1,000 corporate employees and 11,000 employees from the Sam's Clubs they shutdown. Credit cards were pushed up in December not because of retail sales but because people used it to purchase Bitcoin. It is now being reported that 40% of students will default on their student loans. Rentals are taking a hit in NY and commercial real estate is declining quickly.

retailers bitcoin layoffs defaults crash

7 years ago by x22report (75)

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cve3 (63) · 7 years ago

Thanks again, Dave. Thanks for sharing your consistent work and information with us.

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1 vote

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liquifire (4) · 7 years ago

Hope you all have preps at the ready. 2018 is shaping up to be a wild ride.

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3 votes

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atherz (51) · 7 years ago

Yeah, I hope I'm ready. We don't know how bad it's going to be, but we'll definitely need to rely on each other or die with each other. Having groups that can make their own food may be a must, or maybe all of the dying companies switch over to Cryptocurrencies and the new companies that were already built on them will help the world supply itself.

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read3986 (53) · 7 years ago

I guess the party had to stop some time...

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