Jun 11 2017

Psychologically damaged baby boomers blame Millennials for all of the perceived ills in the economy including destroying dozens of industries.

The headlines continue to rail against young Americans as if they are the primary cause for many industries going under.  Forget about the fact that companies like Amazon have shifted the way all Americans shop.  The headlines blaming young Americans are getting to the point of ridiculousness.  Baby boomers hold 50 percent of all wealth […]

Jun 4 2017

Those not in the labor force grew by 608,000 last month to 95 million: We’ve added more than 16 million people to this shadow army of non-workers over the last decade.

Another month and the army of “not in the labor force” Americans continues to grow in record fashion.  So of course, the employment rate looks fantastic when you yank out 95 million people from your analysis.  Last month a stunning 608,000 people were added to the not in the labor force category.  Sure, some of […]

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 […]

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