The Tribe Of Wall Street

Today’s market commentators have replaced bird intestines with an equally fervent passion for equally unreliable forms of long-term divination.

  • May 7, 2018 4:27 PM

The eponymous British High Street is on the verge of its biggest crisis since 2008. According to The Centre for Retail Research up to 200,000 retail jobs could be gone by 2020, this is in addition to the 150,000 that have disappeared since 2016. Many household chains are scrambling to negotiate with creditors in order to avoid collapse and total wipeout

Thousands More Stores Are Now On The 2018 Retail Apocalypse Death List

"...add to rising retail unemployment the move to more self-checkout, more AI, and more computerized systems instead of human staff. It’s not too hard to understand why people could soon be dependent on a Universal Basic Income and a return to an almost feudal society..."

  • Mar 4, 2018 1:33 PM