Shocking Decline In Retail Sales During Make Or Break Holiday Season, Stimulus Driving Wealth Gap

There was a ton of celebration during the black friday and cyber monday shopping events and at the time many were suggesting it was great news however the retail sales data shows a shocking decline during this critical make or break season. The Brick and Mortar retailers are about to go through radical changes and it's clear many companies have been selected to fail. It's hard to understand this any other way and for the most part it seems like our economy will look completely different in 10 years. projections were for a decline of around .3% and it declined 1.1% but the worst news is many retailers have been closing stores and it's likely the bankruptcy wave will leave massive gaps in commercial real estate. We need to talk about stimulus and the fact it seems to be driving the wealth gap to unsustainable levels and so far the solution seems to be lacking in alternatives. We should have already learned you can't print wealth and the devastation on savers and consumers as the cost of living increases outstrip disposable income. Either way, it seems like Trillion dollar stimulus packages are a monthly thing at this point.

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