Eurozone consumer spending is expected to decline in the next year. Best Buy sales improves because their competitors went out of business. US wages cannot keep up with the cost of purchasing a home.
The average American savings is now less that 1997. BofA is now reporting that the market is propped up by the central bank and when the central bank stimulus ends this is going to get ugly. Last time this few Americans thought the market would crash it did.
Trying to come up with something positive. I'll have to get back with you, later.
I revealed my Pocket Change Theory to President Trump today...
I was just informed that my Theory is being carefully reviewed...
@pocketechange
Thanks Dave. Yes I am also feeling the pinch.
We the middle class are all feeling it. The boat is sinking, and there's not enough rescue boats.
A financial crash seems imminent I'm afraid, better to be safe than sorry!!
best buy close 4 stores and open 1 so. The economy will fall
Thanks Dave,
Jobs all over here in the SF Bay Area. Burger King, In and Out Burger, Day Laborers, all hiring! Bust that nut, pay a $2000 apartment note and take your girl to the Mall to pick up a few extras. I don't see any problems here!
You guys are delusional !!
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