Back in 2005 I predicted that radio shack would go bankrupt and they did in 2015. Today I found out that Toys R Us is bankrupt and this should not surprise us. Basically, our economy continues to worsen. This is what I did warn people on in 2005, but they would not listen to me. Back then I was told that sears would not go bankrupt because they were huge and had been around for over 100 years. I said that we would lose many big companies. Well, here we are.
OK, so when sears finally does go bankrupt, debunkers will claim that it was obvious because they have lost money seven years in a row. That I predicted zero. That I get all my predictions from cnn news. However, they will fail to realize that I told people about mega malls closing and stores boarding up... long ago.
Debunkers think that if they make fun of my predictions, the economic hurricane will never come.
Toys R Us and 15 Other Stores That Could Be Bankrupt by the End of the Year
Wait.. WOOOAAHHHH. You said 'basically our economy continues to worsen' How so?
Because a few poorly ran, terribly managed companies go belly up? No, no. Some companies are falling apart, but not our whole system.
When Apple and Walmart go bankrupt, then i'll be worrying.
INb4 I jinx myself and bring about the downfall of both companies, inb4 the apocalypse.
Yes, the whole system is going to fall apart. It's the result of Keynesian 'Economics' and government law.
In the real world, people solve problems with goods and services which they determine the value of as individuals. This is what fuels demand and therefore supply. What this current debacle does is tell everyone how to conduct business and what things are valued at, thus striking at the core of what makes a healthy economy. The inevitable result is complete crash.
It may take a few decades, or even a century to get to that point, but it is inevitable.