The former CEO of Walmart aka Walfart recently issued a warning about the state of the American economy.
Consumers are starting to buckle, warns former U.S. Walmart CEO @Billsimonbilll ahead of Amazon's Prime Day and Walmart's Deals for Days. $WMT $AMZN pic.twitter.com/bXTVv3jWry
— CNBC's Fast Money (@CNBCFastMoney) October 9, 2023
People aren’t buying anywhere near the amount of stuff they used to buy because they can’t afford to do so.
The economy is running primarily off of debt and credit cards. Anybody who is honest with the situation knows this.
Walmart itself is having an increasing number of problems dealing with blacks stealing shit from their stores resulting in “hostile” encounters.
Walmart worker reveals its clever strategy to stop shoplifting at self-checkout counters and the handheld device used to detect thieves – as customers turn 'hostile' https://t.co/J9ii5VDiNz pic.twitter.com/Zh5SBOADgp
— Daily Mail US (@DailyMail) October 14, 2023
The geopolitical situation in the Middle East and all the crazy Jewish wars are certainly not helping the economic situation either.
Here’s Jeremiah Babe’s latest economic doom video for more details on how fucked everything is.