Monday, April 28, 2014

TERMINUS, the New Normal destination

“Life improves slowly and goes wrong fast, and only catastrophe is clearly visible.” – Edward Teller

WELCOME TO TERMINUS Washington's Blog: " . . . There is a worldwide currency and petroleum war being waged today as too much fiat currency is chasing a dwindling amount of cheap petroleum supplies. The developed world has experienced a century of relative illusory prosperity as cheap easy to access fuel and cheap easy to print fiat currency have led zombies to believe progress and prosperity are their god given right. The most highly educated zombies will be the most shocked when they realize the reality they believed was all an illusion ...The cracks in this delusionary foundation are visible for all to see as Space Available signs outnumber actual businesses, pothole dotted highways deteriorate, sewer lines crack, and houses in disrepair outnumber those being kept up. It takes money to keep a home from deteriorating and it happens to be in short supply for 90% of the population. Despite the non-stop money printing operation at the Fed and the mainstream media fantasy stories of shale oil energy independence, the suburban dream is turning into a nightmare. When the inevitable financial implosion strikes in the next few years, the illusion of progress will come to an end. The inner cities will explode in violence and will burn. The police will be helpless and scared. There will be death on a large scale...." (read more at link above)

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Monday, April 21, 2014

Jobs Market, Not Normal

Don't Try Calling This Jobs Market Normal - Bloomberg View: "The headline number in today's employment report -- 192,000 nonfarm jobs created in March, bringing the three-month average to 173,000 -- suggests that the U.S. recovery is on track to bring the labor market back to normal, albeit gradually. Try telling that to the millions of people who are still suffering in the purgatory of long-term joblessness. Monthly U.S. Jobs Report As of March, an estimated 3.74 million job-seekers had been out of work for more than 6 months. That number would be only 1.39 million if the long-term unemployment rate, measured as a share of the population, fell to its average in the 10 years before the 2008 recession. In other words, we're still about 2.35 million away from normal...."

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Monday, April 14, 2014

Normcore, New Normal

To be truly Normcore, you need to understand that there’s no such thing as normal.

Normcore: Fashion Movement or Massive In-Joke? - " . . . The term remained little more than a conversation starter for art-world cocktail parties until New York magazine published a splashy trend story on Feb. 24 titled “Normcore: Fashion for Those Who Realize They’re One in 7 Billion.” The writer, Fiona Duncan, chronicled the emergence of “the kind of dad-brand non-style you might have once associated with Jerry Seinfeld, but transposed on a Cooper Union student with William Gibson glasses.” An accompanying fashion spread dug up real-life L-train denizens rocking mall-ready Nike baseball caps and stonewashed boyfriend jeans without apparent shame. Even so, it was difficult to tell if anyone actually believed the hype. For one thing, the normcore brain trust started to circle the wagons. Christopher Glazek, a journalist and friend of the K-Hole founders took to Facebook to blow holes in the “trend.” “It doesn’t really make sense to identify normcore as a fashion trend,” he wrote. “The point of normcore is that you could dress like a Nascar mascot for a big race and then switch to raver ware for a long druggie night at the club....”(read more at link above)

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Monday, April 7, 2014

New Normal, Malls Are So Over

Are Malls Over? : The New Yorker: " . . . Part of what’s hurting the mall, obviously, is that, increasingly, people are shopping online. Internet sales reached six per cent of total retail spending in the fourth quarter of 2013, nearly doubling their share from 2006. Some retailers, understandably, are responding by focussing more on the online end of the retail business. Gap, which became synonymous with the American mall, is no longer counting on malls for growth. “Culturally, the business pivoted towards digital,” Glenn Murphy, the C.E.O., said, describing the past year. “Mall traffic, for a number of years, has been slowing down. Whether it continues to decline somewhat over time, I think that’s realistic to assume.” Gap customers now can order clothes online and pick them up in a store. When it opens new stores this year, Gap will focus on Asia; earlier this month, the company launched its Old Navy brand in China. . . ."

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New Normal - Google News