The United States, the largest debtor nation in the history of the world, continues the path of financial turmoil. An economic collapse is in play as debt, low interest rates, and manipulation continue to give the appearance that the economic system is not a total failure as American debtors get further behind in credit card, auto loans, and other debt instruments. Stores continue to close in 2019 as layoffs jump. The retail apocalypse is in full swing and is about to get much worse. At the current pace of retail closures in 2019, the U.S. is on pace for over 150,000 store closures in the next 7 years!
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