Imagine if I was to go country by country and post the tax & fees hikes, cost of living hikes, the depreciating wages, the volatile currency valuations, the failing pension funds, the austerity policies, the mountain of debt, the increasing unemployment, the threatening homelessness, the rising costs of healthcare, and the downgraded credit rating in recent years.
Indeed, that information would be voluminous!
That amount of detailed information is beyond the scope of this discussion.
Thus, below are only snapshots of troubling economic signs and in no particular order.
The point is, you can detect the trend, and you have a need to know the truth.
You have choices, you can take your money out of the banks, you can transform national currency into land and other tangible assets.
With some retailers, including Sports Authority (450 stores) and Sports Chalet, closing all of their stores, and others, like Aeropostale, teetering on the edge of heading into the great strip mall in the sky, this has been a difficult year for brick-and-mortar retailers.
The damage, however, is not limited to the chains that are closing up shop entirely. A number of others — including some iconic names — are getting smaller, closing stores as a way to shrink into, if not profitability, at least lower losses. -govtslaves.info
- Retail Armageddon: More bankruptcies in four months than all of 2016! These are big changes in the retail market as storefronts close in the face of ‘e-tailers’ and big boxes - Read: usc news
- Moody’s downgraded China's Sovereign Credit Rating! This will have ripple effects for months and internationally; consider debts become more difficult to service, consider fees and taxes rising to pay for the increased cost or interest on their debt (the cost of cheap goods may no longer be so cheap and the loans to massive transportation fleets such as airliners and ships may face these challenges as they attempt to pass the cost to their clients and customers)...
- Will S&P's be next to downgrade China? Or will China's dispute effect the currency wars? Note the central bank officials have means (capital controls) to manipulate or intervene in the markets...
- Remember in the April 2017 “Global Financial Stability Report,” IMF researchers reported: “Corporate credit fundamentals have started to weaken, creating conditions that have historically preceded a credit cycle downturn. Asset quality—measured, for example, by the share of deals with weaker covenants—has deteriorated.”“At the same time, a rising share of rating downgrades suggests rising credit risks in a number of industries, including energy and related firms in the context of oil price adjustments and also in capital goods and health care. Also consistent with this late stage in the credit cycle, corporate sector leverage has risen to elevated levels.”
Main Street chain store closings is the real world manifestation of the data-chart below plotting the numbers indicating the war machine is growing into a gargantuan monster while the career citizens' small businesses and foundation industries wither and die:
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