-- Published: Wednesday, 21 October 2015 | Print | Comment
By Nathan McDonald
Seven out of the last ten months have seen retail sales slump. You've read that correctly, the economic downturn that many have been predicting is not on its way, it is here and now.
Month after month, economic data reports continue to trickle in, despite the mainstream media's MOPE and their seemingly endless ability to convince a large portion of the public that everything is "peachy", things continue to get worse.
Just like this time last year (except worse), retail sales have missed the mark in September, forecasting another gloomy winter and disappointing sales for the remainder of 2015. This is the second drop in a row, which seen sales drop 0.3%.
This drop is essentially across the board, with 7 out of the 13 major categories disappointing the markets. A few of these categories are gasoline, food and beverage, building materials and online stores.
The fact that even online sales, a typically very strong category, along with the other staples of everyday life, is proof-positive of how much the everyday citizen is cutting back.
This is happening out of necessity. Our consumer driven economy, an economy that can barely see from month to month, would never do this willingly.
People are simply maxed-out. Many are working two or even three jobs to provide the same standard of living they once offered their families. Others are simply going without.
Yet, our career politicians and financial elite can stand up with a straight face and tell the world that "things are getting better". This would be laughable if it wasn't so sad.
The markets don�t lie. They may be highly manipulated, and in the short term, tricked into doing what is not natural; but in the long term they will revert to their correct course and the world will be in for a shock.
People know this deep down in their bones, if they would only listen, they would know that now is the time to get your financial house in order and to prepare, before it's too late.
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
Live GoldSeek Visitor Map | Disclaimer
The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC,
is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.