Welcome To The Conversation: The Breakdown Is Now Reaching Main Street

The BREAKDOWN of the U.S. Market is now reaching Main Street. While the Fed and Central Banks continue to prop up the markets by purchasing Stocks, Bonds and everything including the kitchen sink, Americans are feeling the pain in many ways.

I discussed this with Financial Industry expert Vic Patane. Vic discussed how the signs of the breakdown were taking place all around his neighborhood. I would imagine readers and listeners of the SRSrocco Report have their own experiences of this breakdown in their neighborhoods as well. Please feel free to share these first-hand experiences or opinions about the material discussed in the Conversation below:

We also discussed how the falling EROI (Energy Returned On Invested) and oil production would impact the largest corporations and entities the most. Unfortunately, large retail chains like Wal-Mart (WMT) survive with huge volume on tiny margins. Tiny margins only work in an energy environment of cheap and abundant liquid fuels.

We must remember, that Wal-Mart’s massive warehouse is stored in the thousands of trucks running up and down America’s interstate highways. Again, the coming collapse of the EROI and oil production will destroy the ability for large corporations to function.

If you enjoyed the Conversation between Vic and I, please let us know in the comment section. We plan to continue doing these and by adding interesting guests.

Disclosure: None.

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