7 Comments

Then one of the big 4 acctg firms comes in, reviews this nonsense, winks at senior management and signs off. Quite a gig!

Expand full comment

Glad I SUBBED here ...

This is really excellent food for thought for contrarians like me ...

Expand full comment

Who benefits from this perception? Amazon. Hmmmm

Expand full comment

Interesting article.

You asked the question: "If the data is really so unconvincing, why is all the attention on theft?"

And you also noted that: "perhaps it is mere coincidence that Target CEO Brian Cornell sits on the NRF’s board of directors."

To answer your question we must ask the question: Who benefits?

A year or two ago when there was a massive blow-back on Target due to their woke-LGBTQ store promotions I did a deep dive into the America big box retailers and realized that the agents of Monopoly Capitalism have targeted Big Retail for utter destruction.

And the proof is in the ownership.

We all know the icons of global Monopoly Capitalism, BlackRock, Vanguard, and State Street, which between the three control about $30 trillion and own about 30% of the entire worlds sharemarkets value. But it's bigger than these three. When you dig deep you find that the worlds biggest banks, finance companies, pension fund companies, insurance companies, and investment funds, are all acting as a gigantic interlocking hive, and the proof of that is not just that they all turn up on the list of the top shareholders of any major multinational or national corporations, but that they all own each other - CROSS OWNERSHIP guarantees that they all work together to profit together.

I call this investment cartel the IBFIC - the International Banking Finance and Investment Cartel.

Now when we look at any global competitors in almost any industry you will find that the IBFIC owns both sides.

Netflix and Hollywood - same owners - which is why they are destroying Hollywood to push the worlds consumers onto Digital Hollywood, which is Netflix.

Telsa and BYD - same owners - Warren Buffet until recently owned 40% of BYD, and BlackRock owned the next 10% - American (Global) Monopoly Capitalism owns the entire EV market.

Coca-Cola and Pepsico - same owners.

You can do this all day long.

Let's come back to Big Retail.

Who wins? Amazon wins, and Tiamsu - the Chinese (IBFIC) competition to Amazon.

The Davos globalists, the MASTERS of global MONOPOLY CAPITALISM want EVERYTHING DIGITAL - so the COVID-19: Great Reset is all about destroying everything bricks and mortar and pushing the consumers into the digital economy.

And so they are destroying Big Retail.

If you Google who owns Target and who owns Amazon you find the IBFIC - the same owners.

So what they lose on the Left they then pick up on the Right.

And this is why the National Retailers Federation is using the MANUFACTURED "CRIME WAVE" to close down retail stores - Because that's the plan of the global Monopoly Capitalists.

It's not organic.

It is organized and deliberate DESTRUCTION.

Cheers.

Ivan M. Paton

Expand full comment

Good first post for me to read from this substack, had to tell myself not to let my preconceived notions get the better of me. In particular it at first seemed to conflict with Actual Justice Warrior's treatment of crime since he has his own statistics showing the rise in crime since pre-pandemic. But then I remembered that it's specifically violent crime which is still elevated but that other types such as property crime are back down.

Something I wonder though is whether the low crime in those locations which ended up closing was a result of their interventions (locking things up) being effective but ultimately making the shopping experience unpleasant enough to deter more foot traffic. Because even if they're hit once or twice, that might induce them to take precautions even if it doesn't make a big difference in the numbers overall.

Expand full comment

This is quite interesting.

But can we all have a moment of silence for the corporation's suffering with their retail losses?

Expand full comment

Great report! Thanks!

Expand full comment