**Chortle**
We laugh, but 700,000 views!
Triple Net Investor
@TripleNetInvest
We are absolutely in a recession or headed towards one...
Retailers are offering stunning discounts wherever you go - this is a sign of massive trouble
I went to the mall this past weekend and haven't seen discounting on this kind of level - EVER
Beloved brands like Nike, UA, New Balance, Lululemon, Abercrombie etc were offering 30-50% off their entire store
Then there's a price war happening at restaurants in a race to the bottom
Most QSRs/fast food chains like McDonalds, Wendys, Burger King, Starbucks, Taco Bell etc have brought back $5 'value' meals and/or offering wild deals/coupons
The problem is... the consumer has run out of money so even these massive discounts/offers aren't doing much good
Unfortunately, it looks like there's going to be very tough times ahead.
11:18 AM · Aug 1, 2024
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