As Wall Street Celebrates Rising Stock Prices, Companies Are Literally Shutting Down All Over America
The all-time record for store closings in a single year was set in 2017 when 8,139 stores shut down.
According to a brand new report that was just released, we are on pace to absolutely shatter that old record.
In fact, Coresight says that the number of store closings in the U.S. could hit 12,000 by the end of this year…
The “going-out-of-business” sales and liquidation of other brands is expected to continue. Coresight estimates closures could reach 12,000 by the end of the year, the report said.
In The Beginning Of The End, I painted a picture of a future in which America’s communities would be littered by boarded up stores that had been abandoned by major retailers.
Now it is happening right in front of our eyes.
The hollowing out of US businesses continues, as fascism rises.
Fascism promotes this chaos and thrives on it.