#BoomBustRT wit @ErinAde The National #Retail Foundation surveyed 4,600 #consumers between November 28th and 29th and concluded that holiday weekend sales were ‘estimated to have dropped 11%, from $57.4 billion last year to $50.9 billion this year.’” While a lot of headlines speculated this year’s Black Friday sales dramatically tumbled, there isn’t a lot of proof that this is anything new or something to be concerned about. Erin weighs in. Then, Erin is joined by Peter Joseph – filmmaker and founder of The Zeitgeist Movement, which believes that social issues, like poverty and pollution, are the direct result of an inefficient social structure. Peter tells us what inspired him to start the movement and tells us about a recent project he made that focuses on the “market economy.” After the break, Erin sits down with Cullen Roche – founder of Orcam Financial Group, LLC and author of “Pragmatic Capitalism.” Cullen gives us his take on the recently consistent drop in oil prices and how much student debt is holding back the millennial generation from adding to consumer demand growth. He also tells us to expect lower investment returns going forward with lower bond returns one large factor. And in The Big Deal, Erin and Edward Harrison are continuing the discussion on the student debt crisis. Take a look!
Posted on: Thu, 04 Dec 2014 01:06:30 +0000
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