In a totalitarian, central government-run economy, most income will be spent for taxes, survival basics such as rent, utilities, food, bikes, and monthly fares for bus/train. There will be no disposable income

Which Retailer Will Bite the Dust Next?

By Dr. Ileana Johnson Paugh —— Bio and Archives--October 2, 2019

American Politics, News | Comments | Back To Full Article

Another retailer bit the dust and filed for bankruptcy, Forever21. It’s not that people don’t have the money for cheap and disposable clothes with each season and don’t spend. We are a consumerist society and the economy is booming, with the lowest unemployment rate possible, 3.7 percent in August 2019. But people are spending money more wisely and often from their computer keyboards and the comfort of their own homes, not having to spend precious time, wear and tear on cars, gasoline, or braving public transportation to shop.

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