The retail apocalypse has descended on America. More than 3,500 stores are expected to close across the U.S. in the next couple of months.
Department stores like Macy’s, Sears and J.C. Penney, and retailers including BCBG, Abercrombie & Fitch, and Bebe have all been forced to close up dozens of stores. Walking through a mall in 2017 is like walking through a graveyard.
View the photos: These haunting photos of the retail apocalypse reveal a new normal in America
Robert, when are the One Percent going to realize that economic inequality is bad for business?
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Ros, Ros, Ros… economic inequality IS the objective of the One Percent.
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I know: hence, my question.
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When the economy is healthy, the rulers make a lot of money. When the economy sags, the rulers make a lot of money and are able to invest in failed businesses. In the next upturn in the economy, the rulers make even more money and sell the businesses they invested in for huge profits.
They designed this type of economic system to retain control of the majority of society. It works for them so they’ll do anything to keep it in place.
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True, indeed.
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