“Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”
- Richard Hayne, Urban Outfitters CEO, March 2017
The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures.
Authored by Mike Krieger via Liberty Blitzkrieg blog,
My current working hypothesis is that the U.S. is a late-stage empire about to enter a more serious and dangerous period of collapse. In case you missed it, I outlined my broad brush view in the very popular recent post, Prepare for Impact – This is the Beginning of the End for U.S. Empire. Here’s a brief excerpt:
Authored by Chris Martenson via PeakProsperity.com,
Central banks around the world have colluded, if not conspired, to elevate and prop up financial asset prices. Here we'll present the data and evidence that they've not only done so, but gone too far.
It all started in February, when we first reported that something unexpected had happened: for reasons that were at the time unknown, the global credit impulse had unexpectedly tumbled, turning negative, a move which we predicted would result in a steep slide in the "soft" economic data, end the "reflation" optimism and unleash a wave of dovishness from the Fed.
For US airline Public Relations teams, April has been the cruelest month on record.
Less than two weeks after a 69-year-old doctor, David Dao, was hospitalized after Chicago aviation police dragged him from a United Airlines plane sparking international outrage and a public relations nightmare for the carrier, it is now American Airlines' turn to be in the spotlight after the airline suspended a male flight attendant when a video emerged showing him challenging a passenger to a fight after allegedly hitting a woman with a stroller during boarding.