Thread regarding Sears layoffs

3 Months ago....

This board had a group of people who would post about how Sears was going to be fine, get through this, etc, etc.

Now that reality is sinking in, which really should not have been so hard to see, it's time for the next phase of reality checks. You see, Sears going under and you guys losing your jobs is not the end of the story.

No.

Reality check #2 is that Sears is not alone in its downward spiral. Not by far. It may be the worst apple in the bin, but the bin is full of rotten apples. Many of you have not woken up to the fact that Sears is failing at this time for a reason, along with hundreds of retailers and other companies which are not in the retail industry.

Did you know the medical sector is laying off thousands of people and hospitals are going bankrupt? Google it, it is true.

Did you know that local governments are laying people off too? Teachers, municipal workers, all kinds of jobs with local governments are being lost.

Did you know that restaurants are going out of business worse than the 2008 recession?

Did you know that even major car manufacturers are laying off tens of thousands as auto sales are falling?

I could go on, but you get the idea. What's happening to you is not all about Sears, it is merely one symptom of a much, much bigger problem. Go to the Verizon wireless board, where they are seeing mass layoffs, stores closing like crazy, and "No traffic in malls."

Yes, malls aren't dying because of Amazon's measly 4% retail market share. They are dying because people are broke, and the past year many jobs have been lost and that is only getting worse. You won't hear this on CNN or FOX, because admitting the truth isnt something the mainstream media is known for.

You're going to have to figure it out, according to what your own eyes see in front of your own face.

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| 1233 views | | 6 replies (last May 21, 2018) | Reply
Post ID: @OP+ThK5Ljo

6 replies (most recent on top)

I agree with you OP, and well said. The retail apocalypse has nothing to do with Amazon, but the fact that millennials (and other generalized groups regardless of age) have less money to spend, and would rather spend the money on experiences vs. things. Hell, a lot of new homes don't even have a formal dining room any more...people just don't need new crap all the time nor can they afford it.

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Post ID: @nll+ThK5Ljo

@ThK5Ljo-zco

You made $10,000 in the stock market in 4 years so an average of $2500 a year and that’s more than your yearly salary?...

Even if you forgot a 0 and you meant $100,000 then you made an average of $25,000 per year in stocks which means your yearly salary from your job is less than $25,000....which means you still have a really low paying job. You should probably invest in yourself and get a better paying job versus playing with stocks. You’d make more in the long run if you actually had money to work with.

If you would have started with more money and made the exact same decisions you would have made exponentially more money.

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Post ID: @oxx+ThK5Ljo

I don't know about this/ I have made about 10000 dollars in the last 4 years in the stock market. I guess it is about what your priorities are and what you do with your money. If you continue to put money into the lottery spend then you get the return you deserve/ I started with just $500 15 years ago, invested wisely, stayed for the long haul and today I make more in my stocks than in my salary each year/

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Post ID: @zco+ThK5Ljo

.All muh problems come from capitalism lol oh please OP enlighten us on the next reality check so I can post this thread on /pol/ and we can get 4 days of lulz

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Post ID: @ujc+ThK5Ljo

sounds like somebody missed their meds. you can't be serious, are you? you must be a riot at parties.

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Post ID: @ktu+ThK5Ljo

aaaannnnnnd here comes the compassionate communist trash. Take it elsewhere

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Post ID: @yoi+ThK5Ljo

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