11-28-2008, 04:04 PM
by Mike Adams, the Health Ranger, November 27, 2008
As I publicly predicted in my LIVE seminar on health preparedness and financial protection (in September), a wave of commercial mortgage foreclosures is now accelerating across America. Shopping malls, hotels and other commercial properties are waving the white flag, surrendering to their debt and declaring bankruptcy.
Once-powerful retailers are also shuttering: Circuit City, Linens 'n Things, Home Depot, Sears, Foot Locker and many more. Some malls are going to become ghost towns in 2009, as nobody will be able to finance their debt any longer.
The post-Christmas season will see the biggest bankruptcy announcements, and that's when the real economic news of 2009 will become apparent. The wave of mortgage failures isn't just limited to homeowners, you see: It will strike deep into commercial sectors, and then it will bleed into municipal finance and even the economic viability of entire nations.
The United States of America, you see, is already bankrupt beyond repair, and it has decided to confiscate wealth from the population by printing new money (debt) instead of making the tough decisions that could correct this impending disaster. Watch the video to learn more: http://www.youtube.com/watch?v=vVkFb26u9g8
Expect to see a huge surge in online retailing following the widespread bankruptcy of brick & mortar retailers. Only one company I know of, ShopToEarth, is well positioned to take advantage of that shift. It pays people back for shopping at various online retailers, and the list of health companies participating continues to grow. SunFood Nutrition is now part of the group, and that's on top of the others who are already participating: Nutiva, Dr. Bronner's, Delicious Greens and many others.
To join, contact Suzy Karasik at [email protected] or call her at 209-710-8299.
Disclaimer: NaturalNews is already a member of ShopToEarth and earns bonus checks from the organization.
We've already heard about new health companies coming online with ShopToEarth in 2009, and we'll be bringing you more announcements about those events as they unfold.
The bottom line in all this? Conventional brick & mortar retailing is getting hit hard. The commercial bankruptcies are going to be widespread. The big shift underway now is a shift towards online retailing, because that's where overhead is low, efficiency is high and customers can get the products they want without the expensive retail overhead.
Click to read:
Wave of Commercial Mortgage Failures Just Getting Started
From Hosted.ap.org: One hope was that the U.S. would use some of the $700 billion financial bailout to buy shaky investments from banks and insurance companies. That was the original plan. But Treasury Secretary Henry Paulson has issued a stunning turnabout, saying the U.S. no longer planned to buy troubled securities. For those watching the wave of commercial defaults about to crest, the announcement was poorly received.... more
As I publicly predicted in my LIVE seminar on health preparedness and financial protection (in September), a wave of commercial mortgage foreclosures is now accelerating across America. Shopping malls, hotels and other commercial properties are waving the white flag, surrendering to their debt and declaring bankruptcy.
Once-powerful retailers are also shuttering: Circuit City, Linens 'n Things, Home Depot, Sears, Foot Locker and many more. Some malls are going to become ghost towns in 2009, as nobody will be able to finance their debt any longer.
The post-Christmas season will see the biggest bankruptcy announcements, and that's when the real economic news of 2009 will become apparent. The wave of mortgage failures isn't just limited to homeowners, you see: It will strike deep into commercial sectors, and then it will bleed into municipal finance and even the economic viability of entire nations.
The United States of America, you see, is already bankrupt beyond repair, and it has decided to confiscate wealth from the population by printing new money (debt) instead of making the tough decisions that could correct this impending disaster. Watch the video to learn more: http://www.youtube.com/watch?v=vVkFb26u9g8
Expect to see a huge surge in online retailing following the widespread bankruptcy of brick & mortar retailers. Only one company I know of, ShopToEarth, is well positioned to take advantage of that shift. It pays people back for shopping at various online retailers, and the list of health companies participating continues to grow. SunFood Nutrition is now part of the group, and that's on top of the others who are already participating: Nutiva, Dr. Bronner's, Delicious Greens and many others.
To join, contact Suzy Karasik at [email protected] or call her at 209-710-8299.
Disclaimer: NaturalNews is already a member of ShopToEarth and earns bonus checks from the organization.
We've already heard about new health companies coming online with ShopToEarth in 2009, and we'll be bringing you more announcements about those events as they unfold.
The bottom line in all this? Conventional brick & mortar retailing is getting hit hard. The commercial bankruptcies are going to be widespread. The big shift underway now is a shift towards online retailing, because that's where overhead is low, efficiency is high and customers can get the products they want without the expensive retail overhead.
Click to read:
Wave of Commercial Mortgage Failures Just Getting Started
From Hosted.ap.org: One hope was that the U.S. would use some of the $700 billion financial bailout to buy shaky investments from banks and insurance companies. That was the original plan. But Treasury Secretary Henry Paulson has issued a stunning turnabout, saying the U.S. no longer planned to buy troubled securities. For those watching the wave of commercial defaults about to crest, the announcement was poorly received.... more