Wolf Richter: Transportation Recession Signals Retail Problems Ahead!

[youtube=https://www.youtube.com/watch?v=OgUaZZQW7EY]

• Wolf Richter: Transportation Recession Signals Retail Problems Ahead!
  by http://www.financialrepressionauthority.com/  
  FRA co-founder Gordon T. Long is joined by Wolf Richter to discuss the struggling retail market and its subsequent impact on the U.S economy as a whole which are a result of the recent financial crisis. 
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  Concerns of Financial Repression
  Under financial repression the money that you earn does not compensate for the forward inflation on your investment.  This is slowly eating up the savings of investors and bond holders in a period of low inflation, and is done so by the central bank to help aid governments and debtors in paying off the massive pileups of debt. We can expect this trend of financial repression is to go on for the time being due to the position most corporate firms and the government is in right now, as most economists believe a slight increase in interest rates would be catastrophic for the economy.
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  Transportation Recession
  “When you have a transportation recession like this, it tells you something about the goods produced in the economy in the United States, and it’s not over.”
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  read more.

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