recession

A ‘tsunami’ of store closings expected to hit retail

CNBC: Get ready for the next era in retail, one that will be characterized by far fewer shops and smaller store footprints. There are three or four malls within a 40 mile square radius of Coal Speaker home base that are practically empty.. Malls try their best to hide empty stores with decoration and advertisements, … Read moreA ‘tsunami’ of store closings expected to hit retail

The lost generation: Poverty in the United States is now on track to be at the highest since the 1960s

In related news. The Federal Reserve has plans to keep pumping. And the economy has its own plans. Apparently earnings now show that whatever ‘recovery’ has been going on is sputtering and another recession (as if we have not been in a depression for years!) is about to take place.. Hold on to your hat, coat.. … Read moreThe lost generation: Poverty in the United States is now on track to be at the highest since the 1960s

President Obama offers a tip on how to appear out of touch: Say it is ‘interesting’ that someone cannot find a job since.. well, everyone is hiring!

…they are hiring, right? I mean.. he says they are.. So an engineer shouldn’t have trouble landing the next gig, right? President Obama offers a tip on how to appear out of touch: Say it is ‘interesting’ that someone cannot find a job since.. well, everyone is hiring!

Here’s a happy mid-day lift for you

Who owns America, and consequently, you? China 20.4%..Japan 20.2%England 12.4%Oil exports 5% And the list goes on, with some fine folks like Brazil, Caribbean Bankers, Hong Kong, and the friends to the North in Canada. You can find the full amount of information on our owners here.. Now hopefully if our dollar keeps crashing none … Read moreHere’s a happy mid-day lift for you