It’s A Retail Apocalypse: Sears, Macy’s And The Limited Are All Closing Stores

Retail Apocalypse

It’s A Retail Apocalypse

It has only been two weeks since Christmas, and already we are witnessing a stunning bloodbath of store closings.  Macy’s shocked the retail industry by announcing that they will be closing about 100 stores.  The downward spiral of Sears hit another landmark when it was announced that another 150 Sears and Kmart stores would be shutting down.  And we have just learned that The Limited is immediately closing all stores nationwide.  If the U.S. economy is doing just fine, then why are we experiencing such a retail apocalypse?  All over America, vast shopping malls that were once buzzing with eager consumers now resemble mausoleums.  We have never seen anything quite like this in our entire history, and nobody is quite sure what is going to happen next. [Read more…]

Gerald Celente – America On The Verge Of Coming Down Like A House Of Cards

Gerald Celente

Gerald Celente – America On The Verge Of Coming Down Like A House Of Cards

Gerald Celente joins the show today to decode current world events and give his take on what the oligarchs are discussing at Bilderberg.

The truth is that middle class U.S. consumers are tapped out.  Most families are just scraping by financially from month to month.  For most Americans, there simply is not a whole lot of extra money left over to go shopping with these days.

In fact, at this point approximately one out of every four Americans spend at least half of their incomes just on rent

[Read more…]