Following
few links are for those who don’t see evidence of Kondratieff in America of the
2017 era
Just
remember, I predicted back in 2009-11 that all during the Kondratieff
Contraction there will be pockets of prosperity across the country primarily
associated with Escape Venues.
What
is an Escape Venue?
Prime
locations in Destination Cities, on the water, or in Resort locations, i.e. New
York, San Francisco, Aspen, Newport Beach, Miami, San Diego, Outer Banks, Galveston
Island, Sarasota, etc., etc.
But
the rest of the country is still witnessing and feeling the broad effect of the
Kondratieff Tsunami that hit in 2007-08; and even Escape Venues will finally experience the full wrath of the coming storm
associated with the coming collapse of the Dollar, which will precipitate the
collapse of the Markets (DJI, NASD, etc.) and everything else!!
Cheers,
“Going, gone: America’s fastest-shrinking cities;” USA Today; April 8, 2016
A
surreal photo review of Failed Architectural American – Shopping Malls
“The middle class is dying. The proof is in America’s cities: Salon.com; May 14, 2016
Homeless on the rise in NYC
This defines the shrinkage of the Middle Class: those
who can afford housing is in decades-long decline: those who spend more that 30% on housing are
in that category:
“Dying shopping malls are wreaking havoc on suburban America;” Business Insider; March 5, 2017
“… Like Rolling Acres, shopping malls across the country are dying, and, in some cases, leaving jobless communities and rotting buildings that are hotbeds for crime in their wake.Dozens of malls have closed in the last 10 years, and many more are at risk of shutting down as retailers like Macy's, JCPenney, and Sears — also known as anchor stores — shutter hundreds of stores to staunch the bleeding from falling sales.
The commercial-real-estate firm CoStar estimates that nearly a quarter of malls in the US, or roughly 310 of the nation's 1,300 shopping malls, are at high risk of losing an anchor store. …”
‘…The
shopping that used to be done in the mall is now at Family Dollar, Dollar
General, Dollar Tree, TJ Maxx, and Walmart," Davidowitz said. …”