More proof that the ACTUAL recession never ended.

[antiqueshell]

Latest reports from ShopperTrac.com say that original estimates of retails holiday sales increasing 3.3% have now been revised WAY down to just 0.7%. The lowest numbers since the beginning of the recession of 2008.

Just more proof that the smoke and mirrors economy that the powers that be want to manufacture is suffering more than ever.

I'm thinking that we are in for a borderline depression by next summer or fall.

 

[Donald]

Originally Posted By: antiqueshell
Latest reports from ShopperTrac.com say that original estimates of retails holiday sales increasing 3.3% have now been revised WAY down to just 0.7%. The lowest numbers since the beginning of the recession of 2008.

Just more proof that the smoke and mirrors economy that the powers that be want to manufacture is suffering more than ever.

I'm thinking that we are in for a borderline depression by next summer or fall.


If you read or listened to the entire article they talked about various factors, such as Sandy, Newtown shooting, uneasy-ness about fiscal cliff and gift cards. Gift cards are not counted until used.

Try reading the NY Times to get accurate news.

 

[antiqueshell]

Originally Posted By: Donald


Try reading the NY Times to get accurate news.


LOL. The New York Times? Bhahaha.
That has got to be one of the biggest propagenda rags in the country.

Of course the media is going to make more excuses.

That won't change reality. A major recession is coming next year.

 

[fdcg27]

Originally Posted By: antiqueshell
Originally Posted By: Donald


Try reading the NY Times to get accurate news.


LOL. The New York Times? Bhahaha.
That has got to be one of the biggest propagenda rags in the country.

Of course the media is going to make more excuses.

That won't change reality. A major recession is coming next year.


NYT is called the nation's newspaper of record with good reason.
Where do you get your news from?
Blogs?

 

[dparm]

The vast majority of the "large" newspapers (and media companies in general) carry heavy biases. A person needs to read from multiple sources to make sure they are seeing all the sides to a story.

 

[spasm3]

Originally Posted By: dparm
The vast majority of the "large" newspapers (and media companies in general) carry heavy biases. A person needs to read from multiple sources to make sure they are seeing all the sides to a story.


+1

 

[Turk]

Originally Posted By: spasm3
Originally Posted By: dparm
The vast majority of the "large" newspapers (and media companies in general) carry heavy biases. A person needs to read from multiple sources to make sure they are seeing all the sides to a story.


+1


+ 16 Trillion. Oh, wait.

 

[JOD]

Originally Posted By: fdcg27
Originally Posted By: antiqueshell
Originally Posted By: Donald


Try reading the NY Times to get accurate news.


LOL. The New York Times? Bhahaha.
That has got to be one of the biggest propagenda rags in the country.

Of course the media is going to make more excuses.

That won't change reality. A major recession is coming next year.


NYT is called the nation's newspaper of record with good reason.
Where do you get your news from?
Blogs?


One would think so, since ShopperTrak's own press release doesn't match anything that he actually posted:
http://www.shoppertrak.com/news-resource...-sales-forecast

And of course, online sales are up significantly over last year (and ST tracks retail brick and mortar foot traffic and sales). Of course, that will just be disregarded as "liberal media spin", since it doesn't fit in with the Great Depression V2.0 scare tactics..

The holiday shopping cycling isn't the same as it used to be. People buy more stuff online and more stuff right after Xmas. It's not the same reality that it was 20 years ago.

 

[simple_gifts]

Originally Posted By: spasm3
Originally Posted By: dparm
The vast majority of the "large" newspapers (and media companies in general) carry heavy biases. A person needs to read from multiple sources to make sure they are seeing all the sides to a story.


+1


There are few organizations doing real news in the US. BBC, NPR, Al Jezeera.

NYT's David Brooks is a great level headed guy doing commentary.

 

[Turk]

I went to Wal*Mart this morning aroung 9:30 to buy some Worms & thought it would be packed.

Dead.

Unbelieveable.

I walked to the back of the store in Sporting Goods and passed only 6 people. This is in a heavily populated area.

 

[spasm3]

Originally Posted By: simple_gifts

There are few organizations doing real news in the US. BBC, NPR, Al Jezeera.

NYT's David Brooks is a great level headed guy doing commentary.


NPR real news?
That was good i needed a laugh!

 

[Cristobal]

Dparm is correct.

I always consult many sources before I made up my mind about an issue.

 

[Mr Nice]

They were just talking about this on Nightly Business Report about the poor sales this year for a number of reasons.

 

[fdcg27]

I like NPR, the WSJ (not as much as I did before the change in ownership) and the BBC World Service.
The NYT is also very good, as is The Economist.
The above are probably the least biased sources of information you'll find in a media world full of slant.

 

[antiqueshell]

Not only that online sales fell as well.

http://www.charlotteobserver.com/2012/12/26/3747876/retailers-remaining-hopeful-troublesome.html

Financial Analyst Jim Rodgers has very good insight on the global economy. He is someone that I pay close attention to.

Agree about what others mentioned you need to study MANY different sources of information BEFORE you come to any conclusion. That INCLUDES small, INDEPENDENT sources of information.

 

[simple_gifts]

Originally Posted By: spasm3
Originally Posted By: simple_gifts

There are few organizations doing real news in the US. BBC, NPR, Al Jezeera.

NYT's David Brooks is a great level headed guy doing commentary.


NPR real news?
That was good i needed a laugh!


It is clear you are easily influenced by people with talking points rather than making an evaluation yourself.

 

[spasm3]

Originally Posted By: simple_gifts
Originally Posted By: spasm3
Originally Posted By: simple_gifts

There are few organizations doing real news in the US. BBC, NPR, Al Jezeera.

NYT's David Brooks is a great level headed guy doing commentary.


NPR real news?
That was good i needed a laugh!


It is clear you are easily influenced by people with talking points rather than making an evaluation yourself.


No I think for myself, i refuse to be fed and my thoughts herded like so many sheep.
There is a lot of yellow journalism out there.

 

[Turk]

...and over the cliff we'll go.

Watch out

b
e
l
o
w
.
.
.

 

[spasm3]

Another factor will be if the debt ceiling is raised in feb. ( I hope its not).

 

[newtoncd8]

Originally Posted By: JOD
And of course, online sales are up significantly over last year (and ST tracks retail brick and mortar foot traffic and sales).


Originally Posted By: antiqueshell
Not only that online sales fell as well.



This is what I love about Internet forums.