Economics/Class Relations

Clearest sign yet of economic DOOM to come

Retail feudalism is on the way if it wasn’t already here. We’re going back to the days of company towns.

 

Krystal and Saagar discuss the massive and permanent changes to retail stores due to coronavirus that include 100,000 store closures, and growth of online shares on retail that will go from 15% to 25%, since the crisis will likely alter consumer behavior.

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