Death of Retail -- it is the Kondratieff Wave Stupid!!!

Hey Folks,

Per our many warnings over the years, it is now becoming obvious to very nearly everybody that the Retail Landscape has forever changed in America.

http://www.businessinsider.com/list-stores-closing-2017-9

View the visible carnage in Retail America at this article on Business Insider:

http://www.businessinsider.com/the-american-retail-apocalypse-in-photos-2017-3

"...These haunting photos of the retail apocalypse reveal a new normal in America

Clothing strewn on the ground at a Manhattan JCPenney — a common sign at struggling retailers across the industry.Joe Avella
The retail apocalypse has descended on America.
More than 6,400 stores are expected to close across the country this year.
Department stores like Macy's, Sears, and JCPenney, and retailers including BCBG, Abercrombie & Fitch, and Bebe have decided to close dozens of stores.
Walking through a mall in 2017 is like walking through a graveyard.
Here's photographic evidence that a retail apocalypse is hitting the US hard.... "

The question now is what does it all mean?

And all the reputed experts are giving a myriad of reasons all of which are probably correct in a Meta or Micro analysis.

But by ignoring Secular Wave Cycles of consumption -  as driven by consumer confidence and enthusiasm - they are all totally missing the point in any competently structured Economic Analysis.

Namely, it is the Kondratieff Wave Stupid!!!