Time For Another Economic Catastrophe! – Q1-2014 Retail Sales Suck For Brick and Mortar Operations

Sunday, June 1, 2014
By Paul Martin

Investmentwatchblog.com
June 1st, 2014

Before we begin with the numbers, it has been 6-7 years since the shit hit the fan economically in 2007-2008. Investments lost, homes lost, careers destroyed but I digress.

The Q1 2014 numbers are in and the US economy shrank by approximately 1% in the first quarter of 2014. The official line if you believe gibberish is 3 down quarters equals an actual recession.

The recession is already here, the deniers are out in full force trying to kite some paper to cover up this mess that has been created. What else should we expect for an economy that is 60% or more based upon consumer purchases; in many cases requiring the purchaser to go into debt.

Housing sales have gone into the toilet but I will cover that in another segment.

Check out retail sales numbers, they are shocking to say the least.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter