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Out of context: Reply #28796

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  • zaq3

    America’s ‘Retail Apocalypse’ Is Really Just Beginning
    "The debt coming due, along with America’s over-stored suburbs and the continued gains of online shopping, has all the makings of a disaster. The spillover will likely flow far and wide across the U.S. economy. There will be displaced low-income workers, shrinking local tax bases and investor losses on stocks, bonds and real estate. If today is considered a retail apocalypse, then what’s coming next could truly be scary. "

    https://www.bloomberg.com/graphi…

    zaq 3Permalink
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    • oh great, something else to tear my hair out over.allthethings
    • don't start tearing out your hair just yet. wait until the retail workers who lose their jobs can't make their credit card & auto payments.dorf
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