ABANDONED SEARS STORE IN OHIO.
The American economy is a Potemkin village made to seem real by massive printing of fiat money. In spite of the funny money, which props up Wall Street, but not Main Street, retailers in the middle are suffering a drought of customers, according to the story at the heart of this post.
Are working and middle class whites catching on that there’s a big screw job taking place and they’re the screwee? Allegedly booming gun sales might suggest so. Government seems increasingly impotent on a variety of fronts. When seconds count, for example, the police are always minutes away.
The problems inherent in both middle as well as lower retailing are quickly becoming more and more self-evident as well as unavoidable. The “wealth effect, ” the “gas price savings” that were explained ad nauseam throughout the financial media in a tone of “just you wait and see, earnings this season are going to be just awesome” will fall flatter on its face than a “Take an additional 50% off the lowest price” sale sign to an empty store.
If what I witnessed is taking place throughout the country all I can say is: Nobody’s buying it – literally.
To paraphrase one of retailing’s most vociferous watchdogs Howard Davidowitz when explaining the current state of retailing and malls: “What’s going on is the customers don’t have the f***ing money. That’s it. This isn’t rocket science.”
…….but retail sales of guns are hitting new records…..perhaps the gasoline savings are being routed to that market?
I have the feeling that many Americans are buying guns because they sense that (despite all the bs in the press) this economy is lousy and is about to really go down the tubes leading to greater crime. They have also figured out that they are not going to be protected by the police.
This is a good sign……..those getting armed at least are showing just a bit of self reliance in a population pretty well lacking it.
THESE KIDS GET IT.
More photos of abandoned Sears stores can be seen at Business Insider