Saturday, December 14, 2024

Tag: Banks Are Closing Thousands Of Branches And Retailers Are Shutting Down Thousands Of Stores

Banks Are Closing Thousands Of Branches And Retailers Are Shutting Down Thousands Of Stores

by Michael Snyder, The Economic Collapse Blog:

If the U.S. economy really is in “good shape”, then why are so many prominent businesses rushing to permanently shut down locations that were once profitable?  As you will see below, U.S. banks are closing thousands of branches and U.S. retailers are closing thousands of stores.  If a new golden age of prosperity is dead ahead, that wouldn’t make any sense at all.  Of course the truth is that most Americans are really struggling in our current economic environment, and conditions are going to get even worse in 2024.