Monday, April 20, 2015

Economic vise indicators = belt tightening

(Economic signs) More than three quarters of the American workforce are suffering from declining wage growth and with wage growth now an almost perfect predictor of consumer spending, one would expect retail sales to take a hit. 
Of course this trend doesn’t just affect the Best Buys and Gaps of the world, it also takes its toll on hookers, liquor stores, drug dealers, and casinos and when sex, drugs, and gambling aren’t selling you can go ahead and kiss your “recovery” hopes goodbye.


http://www.zerohedge.com/news/2015-04-19/rise-traveling-hookers-depressed-gambling-booze-sales-bode-poorly-us-economy








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