|
April 15, 2014, 10:38:26 PM Last edit: April 16, 2014, 05:06:49 AM by jubalix |
|
The real value is not in retail. Essentially you buy depreciating good from retails outlets, of small value that are thrown away.
As a sector, retail is worth around about 6% of US GDP.
This angst over Amazon, Walmart, <insert retailer of angst here> is misplaced.
In fact I would be careful what you wish for.
The Real value is in appreciating asset purchase, backbone currency.
I do however add I think the "recognition factor" of retail outlets is > than 6% GDP.
|