4.2 Million UNSOLD Cars Pile Up! Economy Is So Great 6000+ Stores Are Closing In 2019

in #dtube5 years ago


The sheer amount of lies we are being told in the mainstream media is getting worse every day. Why can’t the truth ever be reported for once? It’s ok if the economy isn’t doing well. Let’s admit it and let’s deal with it. Why hide it only to make things worse in the future? This doesn’t serve the people. Blinding them from the truth is a disservice to them. And that’s why...

Heavy-Duty Truck Orders Continue Steep Decline in April | Trucks.com
https://www.trucks.com/2019/05/02/heavy-duty-truck-orders-continue-steep-decline-april/
Q1 Truck Orders Plunge as Industry Works Down Backlog | Trucks.com
https://www.trucks.com/2019/04/04/q1-truck-orders-plunge-industry-works-down-backlog/
ACT: NA Class 8 Orders Dip from March to April, Hit 31-Month Low
https://www.monitordaily.com/news-posts/act-na-class-8-orders-dip-from-march-to-april-hit-31-month-low/
German car sales stuck in reverse gear
https://www.france24.com/en/20190503-german-car-sales-stuck-reverse-gear
Near-record inventories pinch new-vehicle dealers as floorplan costs, vehicle prices surge
https://www.autonews.com/sales/near-record-inventories-pinch-dealers
American retailers already announced 6,000 store closures this year. That's more than all of last year - CNN
https://www.cnn.com/2019/04/16/business/store-closures-retail-bankruptcies/index.html
Office Depot is closing 50 stores: list - Business Insider
https://www.businessinsider.com/office-depot-closing-stores-list-2019-4
Vacant Storefronts Are Helping Starbucks, Chiarman Says | Fortune
http://fortune.com/2018/02/27/vacant-storefronts-starbucks-howard-schultz/
The world’s hottest shopping city is becoming a ghost town
https://nypost.com/2018/04/07/the-worlds-hottest-shopping-city-is-becoming-a-ghost-town/
De Blasio eyes vacancy tax for greedy landlords seeking top-dollar
https://nypost.com/2018/03/30/de-blasio-eyes-vacancy-tax-for-greedy-landlords-seeking-top-dollar/
Robots Edge Closer to Unloading Trucks in Amazon-Era Milestone - BNN Bloomberg
https://www.bnnbloomberg.ca/robots-edge-closer-to-unloading-trucks-in-amazon-era-milestone-1.1253289


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I live in Beijing and I can attest to the fact that this is happening on a far larger scale over here, and China is running out of ways to hide it. I think that's basically Trump's goal: it's okay if the US economy takes a hit as long as China takes a bigger one (at a time when they can't afford to take a hit at all). If that's his game, then frankly I'm for it.
I'll take a bloody nose if that's what it takes to break both my enemy's knees.

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