This chart from Charles Hugh Smith tells it all. If you were wondering why retailers are closing thousands of stores, look no further. People can’t buy shit without money. It is actually much worse than revealed on this chart. Charles is using the government faked CPI to generate the Real disposable income. Contrast the information on this chart with Wall Street banks and corporate America reporting all-time record profits and Wall Street paying out $26.7 billion in bonuses for 2013. Do you think there is a disconnect? How much longer can this go on?