So England has had more retail failures in the first five months of 2012 than they did in all of 2012...here is the quote,
“According to the Centre for Retail Research, as many retailers failed in the first five months of this year as they did throughout the whole of 2011. By the end of May this year, nearly 3,000 stores were threatened with closure and over 36,500 employees affected – some 50% more than throughout the whole of 2011.
But there is more....
“High consumer debt, limited refinancing options, high living costs and dwindling incomes all continue to weaken consumer demand and often sound the death knell for beleaguered retailers.”
Now lets analyze what is being stated up above.
We the bankers are so filthy rich we are now actually vaccuuming out the economic innards of our customers even as we attempt to figure out a way to foie gras what's left of them.
If you want to fight back, please support the Debt Neutrality Petition. The Petition link is at the top of this column. You are in on the ground floor of the only way to save the world's economy from intended collapse by the elitist bankers and the puppet politicians whose strings they pull.
Politicians do listen to overwhelming consensus. Please support the Debt Neutrality Petition before you have nothing left to lose.