Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Terrorism - Grinch that Stole Christmas

Politics / Shopping Nov 25, 2015 - 06:09 AM GMT

By: BATR

Politics

The usual holiday cheer that underpins the throngs of shoppers may be missing this season. Political pundits are eager to blame potential terrorist risks as a compelling reason to avoid the crowds at malls, but knowing the sentiments of the consumer culture, it is difficult to accept that retail businesses will be empty. Nevertheless, will the economy incentivize the bargain hunters to brave the added security obstacles to storm the doors for the reward of super discount pricing?


The expected immediate shock in France is understandable. Xmas sales plummet, Champs-Elysees empty in edgy post-attack Paris, indicates that upscale customers respond predictably.

“Department stores half-empty when they should be packed and a Christmas market on the prestigious Champs-Elysees avenue where vendors outnumber the visitors -- the attacks on Paris are having a profound effect on retail business.”

Notwithstanding, Forbes makes an obvious point in the column, The Paris Attacks And The Economic Impact Of Terrorism.

“Consider the fragility of both European economies and the institutions underpinning the European Union. The euro zone grew by a meager 0.3% in the third quarter, well below expectations. And last week’s attacks may do some real damage to current spending, keeping shoppers away from crowded retail parks in the lead-up to the busiest month of the year.”

Before the play on panic is accepted as the new normal, dig deeper into the feeble economic activity that in fact forecasts the inauspicious health of retail spending. Quiet U.S. Ports Spark Slowdown Fears is a leading indicator of what to expect.

“For the first time in at least a decade, imports fell in both September and October at each of the three busiest U.S. seaports, according to data from trade researcher Zepol Corp. analyzed by The Wall Street Journal. Combined, imports at the container terminals at the ports of Los Angeles, Long Beach, Calif. and around New York harbor, which handle just over half of the goods entering the country by sea, fell by just over 10% between August and October.”

Now this decline in imports might be a positive sign if domestic manufacturing was taking over the traditional role of internal production of goods for our own consumption. But that is not happening in the poisoned globalism environment that is poised on imposing a series of new draconian trade treaties. 

Michael Lombardi writes in Terrorism: Unfortunate Effects of Paris Attacks on the U.S. Economy about the psychological apprehensions that might keep store patrons away from high profile soft targets. Even so, the current economic contraction bodes that America is already in a deep recession.

“As an economist, my concern lies more in the aftereffects of these terrorist attacks on the minds of citizens. After all, one of the goals of terrorism is to instill fear in people. Will that fear result in consumers holding back on everyday life and on spending their money? The data already suggests retail sales are weak. Will the tide of terrorism fear put further pressure on an already suffering retail sector, especially in the U.S.?”

The immediate concern for law enforcement planners and security agencies are less focus on robust retail sales than on enhanced screening and intelligence gathering. Or so we are told by Homeland Security.

While announcements like Anonymous uncovers ISIS plan to attack 7 cities TOMORROW…including this U.S. city, published on Allen B West’s site attracts attention on the internet, the culture will still sit down in front of the TV propaganda machine as indoctrinated apparatchik followers of the ad messages, will keep the spending/debt economy going.  

This is the reason why warnings such as ISIS In America: Black Friday Attack On U.S. Soil Feared, are mostly ignored.

“Since a few of the terror attacks that the world has seen (not just ISIS) have occurred on very specific days (9/11 and Friday the Thirteenth), people have begun to wonder if the next attack will occur on another day with meaning. With the holidays just around the corner, many kept help but wonder if the terrorists are planning something for Thanksgiving, Black Friday, Christmas, or New Year’s Eve/Day.”

This brings up the most likely circumstances for the holiday season. Online buying will certainly benefit, and the likes of Amazon will continue their onslaught to replace bricks and mortar retailers. Overriding this trend is the instinctive motivation to buy, when the deal is irresistible. Profits for the major corporatists may suffer, but their stagnant inventory will be offered at deep discounts.

The 64 dollar question is can the consumer afford to buy as the economy tanks further and confidence erodes even more. The wild card is when the Fed will start to raise interest rates? None of these factors lend themselves to foster prosperity.

Add the eventual strict security measure and the presence of European style armed guards patrolling the mall kiosks, and you have the formula of less holiday cheer and joy in the shopping experience.

The Grinch that stole Christmas is actually the manufactured apprehension coming out of an artificial fear that a terrorist is behind every seat of a food court and that the government is actually providing meaningful security for defenseless subjects.

The best solution for the individual is to become an armed citizenry. Bona fide terrorists, and not the fabricated versions produced or sponsored by government sociopaths, would be effectively neutralized when innocent Americans are allowed to provide their own self-defense.  The victims in Paris need not die in vain, if the lesson of personal protection is recognized as the most basic right of the individual.

FBI: Gun Sales Surged to Record Levels in August provides the most encouraging advancement in countering the forces of globalist induced terrorism. It is high time that Federal authorities act as public servants and provide serious national security against concrete existential threats. Until that day arrives, it is up to individuals to act responsibly and be willing to provide protection for, themselves, family and neighbors. Bring the elation back, stuff a stocking with a peacemaker.

James Hall

Source: http://www.batr.org/negotium/112515.html

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2015 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

BATR Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in