U.S. Retail Sector Begins Massive Collapse

Friday, January 30, 2015
By Paul Martin

Jeff Nielson
ZeroHedge.com
01/30/2015

The quick-and-easy way to categorize the retail sector of the U.S. economy would be to use the metaphor of “falling off a cliff”. However, such a characterization would be overly simplistic. A more accurate analogy would be to consider someone sliding halfway down the side of a mountain – and then falling off a cliff. This represents the retail sector of the largest “consumer economy” the world has ever seen.

As explained previously; a “consumer economy” is (by definition) a dying economy. Consumption is not an activity which contributes to the productivity of any nation. Rather, “consumption” is our means of harvesting the fruits of previous labours. As a matter of elementary logic; such “harvesting” cannot continue over any extended period, or one will simply run out of anything to harvest.

At that point; the consumer economy becomes a debtor economy, meaning a Deadbeat Economy, since it now lacks the productive capacity to pay for what it consumes. Our economies have become a cartoon, and our governments have become a Cartoon Character, specifically Wimpy, from the old “Popeye” cartoons.

The Rest…HERE

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