May 29 2017

The dollar store economy: Dollar General openings account for 80 percent of new stores in the US and largest occupation in US is in retail

The death of retail is a very real thing.  Amazon and other online retailers are simply shifting the way people shop in dramatic fashion.  Yet you have to realize that Amazon does have a minimum buy for free shipping and not everything is rock bottom cheap.  Also, food is still marked up on Amazon so […]

May 21 2017

The debt spending binge: Household debt has surpassed record levels reached during 2008 Great Recession.

Debt spending is once again keeping the economy afloat.  People are leveraging future income on buying items today on the basis that the economy is not going to have a hiccup.  On some reports you see pundits mentioning that delinquencies remain low.  Well things were fine too before the Great Recession hit.  Once again we […]

May 15 2017

Amazon is annihilating the Department Store faster than you think with 80 million prime subscribers: 4 charts showing the destruction of the department store.

If you enjoy the process of shopping at department stores you may want to get it out of your system sooner rather than later.  Forget about the fact that the US has built a ridiculous amount of mall space thinking that Americans were perpetually going to only buy in-person in cavernous florescent light stores.  Amazon […]

May 7 2017

Debt Apocalypse: US Student and Auto Loans Hit New Record of $2.6 Trillion.

American consumers are once again spending beyond their means.  Just a few months ago there was a startling headline reporting that US consumers now had over $1 trillion in credit card debt outstanding.  That seemed astonishing in itself but now looking at debt levels in other sectors we find that auto loans outstanding are also […]

May 2 2017

Canada Housing Bubble Pops and Looks Similar to US Housing Bubble: Canada’s Largest Alternative Mortgage Lender Crashes in Dramatic Fashion.

The Canadian housing market is now facing a crisis like moment as the United States did in 2007.  While the U.S. housing market did undergo a correction, the Canadian housing market just kept moving up.  Canada has one of the largest housing bubbles ever witnessed in North America.  People may recall that in the U.S. […]

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