AMERICA'S RICH JUST GOT MORE EQUAL!

in retailpocalypse •  5 years ago 

Equally poor!

Upscale department store Barney's is another casualty in the retail sector as Americans are too poor to shop there.

Also, another great example of the real estate bubble caused by cheap money. But don't worry, the Fed's just going to cut more rates because your economy is imploding to make it cheaper.

https://www.zerohedge.com/news/2019-08-06/retail-apocalypse-claims-latest-victim-barneys-files-bankruptcy-blames-rising-rents

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