Tuesday, March 11, 2014

The Devil Lurking In Store Closures

Here is a revealing report about retail store closures from the Zero Hedge website:

http://www.zerohedge.com/news/2014-03-11/devil-lurking-retail-store-closure-details

When those of us who still have money shift the remainder of our business to online stores, the Amazon.com-type corporations will thrive while the rest of the brick-and-mortar stores will wither and die. This means fewer local jobs and more local poverty. This is a horrible trend.

See my next post on "the new model of profitability" for some related issues.

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