Danielle was a guest on This Week in Money with Jim Goddard on the weekend, talking about recent developments in the world economy and markets.
Danielle was the second guest on the show beginning at 8:08 on the play bar. Here is a direct video link.
Refreshingly frank discussion: Irish economist, David McWilliams in conversation with Greece’s ex-Finance Minister, Yanis Varoufakis.
In the first, Yanis speaks openly and frankly about the dysfunctional nature of European politics and why he fears the eurozone faces ‘disintegration’. In the second clip, Yanis questions David Cameron’s handling of the UK’s referendum on EU membership thus far and discusses the ‘centrifugal forces’ that may be unleashed on the rest of Europe if Britain votes for “Brexit”. Find part 1 and 2 at this direct link.
Howard Davidowitz, founder and chairman at Davidowitz & Associates, examines the influence of the Chinese consumer, the threat of bankruptcy for retailers, and the importance of pricing in the retail business. Here is a direct video link.
He also discusses the challenges faced by retailers in mall locations, the waning influence of Black Friday and how real estate plays into the business of retail. Here is a direct video link.
Acres of redundant retail space can be re-purposed for vertical urban farming and renewable energy collection…maybe affordable housing in some locations; other buildings will need to be demolished, building components (metals,wood,glass etc) recycled and the land turned back into green space. All far more productive than their original use as centers for mindless consumer consumption on credit. But also likely to extenuate the surplus of consumer goods and commodities in the world for some time–excess capacity artifacts left from the largest credit bubble in human history.
Cory’s Chart Corner
