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).
| 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). |
The recovery was everyone with adjustable rate mortages that they couldn't afford was booted out of their homes.
| DialgaMarine said: As awesome as Toys R Us was, growing up, this was obvious years ago. The majority of kids don't play with toys anymore, and the ones that do, they're parents simply buy them from Wal-Mart or Amazon. Video games and mobile gaming are the thing now. I would say I'd miss it, but the last Toys R Us near me closed down over a decade ago. I wonder what's gonna happen to that really cool one in New York? |
This is very sad and worrying, because toys are much more important than videogames for a healthy growth of the youngest children. Videogames can help, but they shouldn't replace toys.
Alby_da_Wolf said:
This is very sad and worrying, because toys are much more important than videogames for a healthy growth of the youngest children. Videogames can help, but they shouldn't replace toys. |
Well almost anything can be considered a toy. I'm sure some kids might get a kick out of a tire still. Too much junk plastic shit toys these days (was plenty in my days growing up too). If I was a parent I'd give my kid a football or soccer ball and tell them to have fun.
Well, actually, they are one of the few retailers actually making money... if it wasn't for that stupidly huge debt. They arn't done yet, they just need to sort out the dept. Maybe sell a few stores.
As for the economy not recovering, I agree.
I am surprised they lasted this long.
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sethnintendo said:
Well almost anything can be considered a toy. I'm sure some kids might get a kick out of a tire still. Too much junk plastic shit toys these days (was plenty in my days growing up too). If I was a parent I'd give my kid a football or soccer ball and tell them to have fun. |
True, kids can often save themselves making their fantasy fly with almost anything. Toys, even makeshift ones, involve physical interaction, free fantasy, brain-body coordination, and in case of open air toys, sports and games, also healthy physical exercise and possibly healthier air to breathe than indoors, and last, but not least, get a social life with true human contact, not filtered by a computer network. Lack of face to face interaction is making more and more people, not just kids, but adults too, unable to tell implied meaning and tone of phrases unless there are emoticons.
| 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.
| bonzobanana said: There's a few in the UK, they always seem empty with more staff than customers whenever I go which isn't very often as some distance from me, maybe the first to get the chop. I did order online once from them but the order was cancelled their end. That's my experience of them. I'm sure at Christmas though they are packed. The main one I've visited in Cribbs Causeway in Bristol looks a little tired which I visited about a month and a half ago just to see what they had as it was close to other stores I was going to. |
As far as I'm aware, the US bankruptcy isn't affecting the UK stores.
http://www.bbc.co.uk/news/business-41316205
Surprised this didnt happen hears ago. As a kid, honestly I never really saw the appeal of toys or video games for that matter.
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