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Old 02-18-2014, 03:59 PM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 3,616
Retail expectations

America has 5 times the retail space per person that France has. Only 10% of Americans are in a financial position to spend as they have previously. Gordon Long has an excellent set of graphs on what to expect from the retail sector.
Gordon T Long : Global Macro Economic Research
The Automatic Earth has a great article showing that the middle class has been / is deprived of $ 1.6 trillion every year in spendable income.
Debt Rattle Feb 15 2014: Kill The Middle Class, Kill The Nation - The Automatic Earth
The richest of the rich have taken all of our income but, it is all in the form of paper promises. WE are the only ones who can fulfil these promises.
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