Toys R' Us files for chapter 11 bankruptcy.

[konnichiwa]

Cerebralbore101 said:

Birimbau said:

Retail industry in US is falling appart. There are twice as much as people on food stamps than pre-2008 crisis. Yet central bankers lie saying the economy "recovered".

There was no real recovery at all, only a fake bump sustained by debt (Quantitative easing - euphemism for money printing to buy stocks and dead assets to prop up what shouldn''t be propped up).

Brace yourselves. 2018 is going to be another crash. Bussinessmen don't like Trump, and that creates a self fulfilling prophecy. People are afraid to invest because they see a crash on the horizon. A crash is on the horizon because people are afraid to invest. 

Not really, the economy is growing (and people are tired of me talking about this) but it is simple companies are growing like crazy and a lot of them make more money than they ever did they just need less people to get that profit mostly thanks to new technology.  What is also great that those big companies hardly have to pay a huge amount of taxes compared to smaller companies who even employ more people (see Amazon/Walmart issue).