The 'New World Order'
 
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The New World Order
It's An Evil And Sinister Conspiracy That Involves Very Rich And Powerful People Who Mastermind Events And Control World Affairs Through Governments And Corporations And Are Plotting Mass Population Reduction And The Emergence Of A Totalitarian World Government!   By Using Occult Secret Societies The ILLUMINATI Will Bring All Of The Nations Of This World Together As One.   We'll Have No Recourse But To Submit And Be Under Their Control Utilizing Their Digital Central Bank Currency Or To Reject This Ill-Fated Digital Identification.   The Goal Is UN Agenda 2030!   This Is The Beginning Of The End!
Biometric Smart Card
Biometric Smart Cards

(Biometric hardware and software are key elements of homeland security. Biometrics plays a key role in the U.S. Visitor and Immigrant Status Indicator Technology (US-Visit) program. Biometric technology is in use throughout the federal government, including in the Defense Department's Common Access Card credentialing program and the State Department's Biometrics Logical Access Development and Execution program. The Department of Homeland Security has stated that it would be expanding its biometric-based screening in maritime, rail, aviation, and ground modes of transportation in the future.)

ActivCard, a specialist in IDentity Management software for remote access, single sign-on and digital ID card solutions, announced an expanded cooperation with its partner Precise Biometrics AB, developer and provider of world-leading and user-friendly biometric security solutions based on fingerprints, to deliver smart card-based identification (ID) badge solutions with biometric authentication. ActivCard has incorporated Precise Biometrics' technology for fingerprint matching on smart cards, "Precise Match-on-Card", to its "ActivCard Gold 2.2" software, the most successful and widely deployed smart ID card middleware platform available on the market today. By verifying the fingerprint that's on the card, the Precise Match-on-Card method guarantees that the reference biometric template (the user's identity) never leaves the card, so it is not subject to theft.


Biometric Smart Card
E-Smart Technologies, Inc. is dedicated to the complete elimination of financial fraud and identity theft, and to its vision of a world where national and personal security will help to guarantee peace. The Company was formed in 2000 to develop and market the ultimate biometric verification system. It succeeded in creating and being granted the patent what experts believe to be the only tamperproof biometric smart card using a completely on-card fingerprint sensor and matching system. E-Smart’s match-on-card technology is uniquely hardware based and software enhanced, with a multi-application operating system for contact and/or wireless use and works with existing smart card readers. Its fraud-proof on-card positive identification systems enable totally secure access and transaction applications, while completely protecting personal privacy. They're considered to be a leading provider of high technology security systems that can be used to combat fraud and terrorism. E-Smart products enable government agencies and commercial enterprises to continuously and securely verify, certify and manage identification and access of citizens, personnel, customers and any other persons seeking physical or logical access. E-Smart is the exclusive provider of the Biometric Verification Security System(TM) (BVS2)(TM), featuring the Super Smart Card(TM) for Asia and the US, which experts believe to be the world's only commercially available smartcard with a full on-card matching system for biometric ID verification.
Cannon Fodder for the New World Order 


General Cherep-Spiridovich said that those who arrange wars have a “lust of murder.” They also demonstrate a lust for power and profit, made possible by government-sanctioned warfare, funded by privately owned central banks which print billions of debt-based, interest-laden dollars, debt that is passed off onto the citizens who also fight and die in those wars. The increased glut of cash into the market devalues the currency already in circulation and further jeopardizes the country’s diminishing economy. The malevolent, parasitical bankers achieve their objectives by funding power-hungry, often psychopathic, well-compensated politicians who accommodate the bankers at the expense of the citizens they claim to represent. Representative government ends when the polls close. Christians have been persuaded to accept what Christ long ago disdained and warned against – usury. Citizens are manipulated into participating in war. Essentially, in accepting pro-war propaganda, we abandon Christianity and acquiesce to the mass slaughter of strangers targeted by the warmongers. In effect, we idolatrously “worship the golden calf” of the banker-backed, man-made state when we abandon the peaceful tenets of Christianity. If double-minded individuals, either naively or knowingly, promote war while claiming to abhor abortion, we absolutely must evaluate their motives and loyalties and then withhold our support for warfare. In Christianity, there should be no fence sitting, no serving of two masters.

The Ten Commandments include “You shall have no other gods before me” and “You shall not murder (kill).” Communists and Socialists, who like Lucifer, are rebellious towards God, attempt to replace Him and impose their own laws upon the naïve masses. An authoritative state advocates, with numerous deceitful justifications, mass murder through warfare, actually genocide of entire foreign populations. Like Lucifer, since Lincoln’s War, the war planners always shift the blame for the initiation of warfare onto others via the use of false flag operations. The highly skilled war planners choreograph or aggressively provoke an attack and then call for a retaliatory strike against the people they attribute the attack to. From the shots fired at Fort Sumter, the explosion on the USS Maine, the sinking of the Lusitania, the attack on Pearl Harbor, the Tonkin incident, and numerous attacks on various U.S. embassies, there have been managed assaults. One of the major functions of the CIA is to create chaos in other countries – just so the U.S. can justify sending in military troops to restore order. That is how the deceitful war planners get our support; we believe that we are valiantly defending our country.

Christians should be the first to recognize the probability of secret societies or secret combinations and money interests that are so intent on depriving others of their liberty, life and property. Christ’s death, though redemptive, was the result of a currency conspiracy. There were also plots to kill Paul and other disciples. Early day “public relations” provocateurs skillfully influenced the pliable masses in order to execute their covert agenda – remember, the loving admirers who bowed before Christ upon His entry into Jerusalem, were the exact same people who, a few days later, clamored for His death. What changed? The moneychangers, the same greedy people who sold the over-priced sacrificial animals in the temple courtyard, would have lost their future profits if people accepted His rational teachings on usury and the charitable cessation of the exploitation of others. After all, we work for our sakes, not to have others confiscate the product of our labors.

Government education spawns battalions of potential soldiers who are willing to die “for their country.” Eager soldiers have been advantageously and subtly prepared through compelling peer pressure participation in Pentagon-designed video games that have been commercially marketed as entertainment. Dutiful teachers working within the federally controlled educational system regularly memorialize the vilest, most warmongering politicians of the past. This subtle programming is supported by a controlled media which has been licensed and regulated by the federal government (FCC) since the 1920s. The international bankers, who profit most from warfare, have controlled the entertainment and documentary media for decades. Media moguls, often in conjunction with the Pentagon, produce movies that glorify war, promote immorality, immodesty and profanity, all in an effort to subtly shape our opinions, alter our culture and persuade us to abandon traditional Christian values. If Christians forfeit so-called small ideals, they are more likely to relinquish Christ’s prohibition against warfare.

Prior to the U.S. entering World War II, the influential media vilified anti-war activists by characterizing them as unpatriotic, Nazi and anti-Semitic. They were portrayed as un-American traitors. These psychologically devised tactics were created by Edward Bernays, the nephew of Sigmund Freud and are still employed today to discourage dissent and immobilize inquiry. Anti-war activists and dissidents are allowed airtime with super-skilled radio and television hosts whose sole purpose is to repudiate the ideas of their guests, ridicule the truth, and castigate candidates who question U.S. foreign policy. These tactics are designed to produce a herd mentality within the population. Individuals reconsider their rhetoric when they see others discredited for similar views and remain silent. These devices, which discredit individuals and information, also discourage others from examining certain events and circumstances for themselves.

International bankers, without particular national loyalties or regard for those used as cannon fodder, typically fund both sides of every war and often have major investments in, or outright ownership of, ammunition production facilities. Guaranteed contracts for tons of one-time-use bullets and bombs are tremendously more lucrative than selling cars and washing machines to consumers. Henry Kissinger, one-time U.S. Secretary of State said, “Military men are just dumb, stupid animals to be used as pawns for foreign policy.”

Given the manner in which individual governments exploit soldiers to enrich the bankers, those troops are evidently expendable. Their bloodied bodies create massive profits for the international bankers, the original advocates of globalism, acquired through warfare, usually followed by sanctions, reparations and finally obedience to an international entity. A nation uses warfare to impose its policies on another nation. Gutele Schnapper Rothschild, the wife of Mayer A. Rothschild, who grew enormously wealthy by collecting usury while funding the European wars, said, “If my sons did not want wars, there would be none.” One might add “grandsons, great grandsons and other male relatives and all of their banking affiliates camouflaged under numerous names – Goldman Sachs, Lehman, Kuhn-Loeb, Citibank and others.”

While Mother Rothschild sounded decidedly cold-hearted, other Talmudic Judaics, like the contemporary Rabbi Haim Druckman, a leader of the Religious Zionist movement, said on September 7, 2004, “Killing enemy civilians during war is normal.” Druckman and other like-minded Zionists view gentiles and even their own Semitic kinsmen, the Palestinians, including children, as sub-humans. The Talmud states, “Our lives come first.” Druckman ridiculed Christian opposition to warfare, “The Christian preaching of ‘turning the other cheek’ doesn’t concern us, and we will not be impressed by those who prefer the lives of our enemies to our lives.” And who is the enemy – any country that resists the international banker’s insistence on installing a central bank within their country. Further, banker-backed corporations target, confiscate and profit from the seizure and control of the natural resources in the said enemy’s land. Many Christians, indoctrinated to believe that there is such a thing as a “good war,” have unwittingly accepted barbaric total war tactics regarding unarmed women and children, and are perfectly willing to engage in mass slaughter at the behest of the bankers.

Lenin (Vladimir Ilyich Ulyanov), a Bolshevik said, “The establishment of a central bank is 90% of communizing a nation.” The way to get the U.S. to incrementally embrace communism began in 1913 with the establishment of the privately owned Federal Reserve. The massively wealthy owners of the Federal Reserve would ultimately invest in and sit on the boards of every major corporation and eventually capture the majority of America’s wealth in addition to usury, burdensome taxation and continual warfare.

International Communism, adapted for expediency, was a means of brutal seizure of control, a perfect political mechanism for the international bankers. If people objected to tyranny, they were sent to slave labor camps or were quickly killed and silenced. Lenin and Trotsky (Lev Davidovich Bronstein) were divided on one issue – Lenin supported violent revolution while Trotsky favored a non-violent, intellectual approach to total government control. Lenin maintained, “The best way to control the opposition is to lead it ourselves.” In America, the bankers control the left and the right paradigm, the conservatives and the liberals, the Democrats and the Republicans. American Trotskyites, who prefer intellectual infiltration, seized the “conservative” label and continue to promote their agenda through numerous “conservative” groups. They manipulate and publicly promote certain religious leaders who then endorse that same agenda. The Trotskyites fund influential, noble named think tanks and regularly appear in the media.

Americans are aghast when they hear about the millions of Chinese and Russian citizens who have been slaughtered by their Communist masters. Yet, under the federally sanctioned abortion laws, approximately fifty million people have been eliminated under the intellectual guise of “freedom of choice.” The ultimate abortion decision was fueled by the CIA-funded women’s movement. Steinem and the others were well paid to pretend concern for the rights of women while ignoring the rights of infants. So rather than Lenin’s depopulation method, the U.S. used Trotsky’s more subtle process. The results are the same.

Contemporary Neo-cons William “Bill” Kristol and Robert Kagan established the Project for a New American Century, which called for a “new Pearl Harbor” in order to implement momentous change and to conduct Middle East warfare. Kristol’s late father, Irving Kristol who was often funded by the CIA, is known as the “godfather of neo-conservatism.” His organization promotes warfare (revolution), first in Iraq and now in Iran. Charles Krauthammer and Kristol, editor of the Rupert Murdoch-funded The Weekly Standard, the official voice of this cabal, and their Neo-con cronies provide opposition to the left agenda, as suggested by Lenin. On September 18, 2002, Kristol claimed that a war in Iraq “could have terrifically good effects throughout the Middle East.” Krauthammer and Kristol regularly appear on pro-Israel Murdoch’s “fair and balanced” Fox News where they allege that Iran is building nuclear weapons, a subtle form of their previous allegations about Iraqi’s weapons of mass destruction. Murdoch has always been a Rothschild family asset.

On February 17, 2003, Krauthammer, a prominent Washington Post columnist writing in Time admitted that America’s imminent war against Iraq “is not just to disarm Saddam. It is to reform a whole part of the world…What the U.S. needs in the Arab world is not an exit strategy but an entry strategy. Iraq is the beckoning door…” Krauthammer further targeted “Iran, Saudi Arabia, Syria and beyond” as part of the neo-conservative war policy. On February 18, 2003, as reported in the Israeli newspaper, Ha’aretz, Prime Minister Ariel Sharon suggested that the U.S. wage war on Iran, Libya and Syria after “the successful destruction of Iraq.” Krauthammer, a former psychiatrist has called for an all-out U.S. war against the Muslim world. War is the most effective way of bankrupting a nation and to set it up for total collapse and a tyrannical takeover. The warfare in the Middle East is not in the best interests of America – it only serves the international bankers.

On March 17, 2003, just before the U.S. invaded Iraq, Kristol, in his editorial in The Weekly Standard, wrote, “obviously, we are gratified that the Iraq strategy we have long advocated . . . has become the policy of the U.S. government.” On March 18, The Washington Post clarified his obvious influence when their columnist, Richard Cohen, referred to the impending conflict as “Kristol’s War” and prior to the “shock and awe” bombing of Baghdad, “this would seem to be Kristol’s moment.”

Millionaires and billionaires buy up politicians. Those who defy the bankers suffer dire consequences, like Charles A. Lindbergh, whose grandson was kidnapped and murdered. Lindbergh had written articles of impeachment for high crimes and misdemeanors against five members of the Federal Reserve Board, W. P. G. Harding, Paul M. Warburg, Frederick Delano, Adolf C. Miller and Charles S. Hamlin. Louis T. McFadden, another defiant Congressman died as a result of poisoning, their third attempt to eliminate him. Other non-compliant politicians are run out of office, assassinated, arrested, die in airplane crashes, are impeached or publicly humiliated. U.S. politicians understandably fear the international bankers more than they fear the wrath of their disgruntled constituents.

Author R. Duane Willing, in his book Money: the 12th & Final Religion, claims that Richard M. Nixon, once compliant, fell from grace when he attempted to alter the nation’s money system and develop an interest-free Greenback-style currency which would have immobilized the national debt and obliterated the curse of usury. In 1969, Nixon appointed Dr. Preston Martin as Chairman and Chief Operating Officer of the Federal Home Loan Bank Board. Martin allegedly masterminded Nixon’s currency plan which would have converted 4,950 Savings and Loans into full commercial banks with the capacity of issuing checking accounts. This would have created a nationwide banking network outside of the auspices of the Federal Reserve network.

Austrian-born Arthur F. Burns (Burnseig), chairman of the Federal Reserve (1970-1978), had offices on the 8th floor of the Watergate Apartment Hotel. On June 17, 1972, five husky Watergate burglars were apprehended on the 6th floor after they had carried heavy files from Burns’ office down to the 6th floor for photographing. Allegedly, the burglars had broken into the Democratic National Committee headquarters, a convenient cover story. However, Martin was apparently promised the future chairmanship of the Federal Reserve if he abandoned Nixon and the populist currency plan that would have ended the power of the Federal Reserve. Nixon was purged from the presidency by a media-driven frenzy and forced to resign on August 9, 1974. He was later pardoned by Ford, probably on the basis of his continued silence about the real details surrounding the Watergate break-in.

Martin didn’t replace Paul A. Volcker (CFR, TC, and BB) as chairman (1979-1987). Instead, Alan Greenspan was appointed as Chairman of the Federal Reserve. Burns (CFR) suggested that a review board be established to evaluate wage and price freezes. Nixon’s handlers created a comprehensive New Deal, Democratic-style strategy called the New Economic Policy after clandestine consultations at Camp David with George P. Shultz (CFR), Burns, Paul W. McCracken (CFR), Caspar W. Weinberger (CFR, TC), H.R. Haldeman, John Ehrlichman, Peter G. Peterson (CFR), Volcker, John Connally and Speechwriter Bill Safire. Volcker initiated the collapse of the U.S. economy. He has, since 1952, as an economist for the Federal Reserve Bank of New York, influenced U.S. economic policies. In 1962 he became the director of financial analysis at the Treasury Department and in 1963 he was appointed as deputy under-secretary for monetary affairs. He returned to the Treasury as under-secretary (1969-1974) where he promoted international solutions to monetary problems.

The House of Rothschild continues to influence the U.S. economy and domestic and foreign policies. Volcker, after having served as the Federal Reserve Chairman under Presidents Carter and Reagan, went to work for the Rothschilds as chairman of the European investment-banking firm, J. Rothschild, Wolfensohn and Co. in March 1992. Since February 2009, he has been the Chairman of the Economic Recovery Advisory Board under the obedient President Barack Obama who continues to decimate the economy at the behest of the international bankers.

Richard N. Goodwin, former speechwriter for President John F. Kennedy (assassinated in 1963), said, “The principal power in Washington is no longer the government or the people it represents. It is the Money Power. Under the deceptive cloak of campaign contributions, access and influence, votes and amendments are bought and sold. Money establishes priorities of action, holds down federal revenues, revises federal legislation, and shifts income from the middle class to the very rich.” “For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.”


By: conspiracyarchive.com


Closed Walmart Store
Walmart Closing Locations Globally

Walmart announced it is closing 154 U.S. stores, according to a company press release, including the company’s 102 Walmart Express stores, the smallest format stores.

It is part of a global downsizing that will shutter 269 stores around the world out of Walmart's nearly 11,600 stores.

The smaller-format store format had been tested since 2011.

In addition to all the Express stores, 23 Neighborhood Markets, 12 Supercenters, seven stores in Puerto Rico, six discount centers and four Sam’s Clubs will be closed.

About 16,000 associates will be affected worldwide - roughly 10,000 of whom are in the U.S. - according to the company.

It said more than 95 percent of the closed stores in the U.S. are within 10 miles on average of another Walmart, so the hope is those associates can gain employment at nearby stores. In cases where that isn't available, transition assistance will be available, the company said.

“Actively managing our portfolio of assets is essential to maintaining a healthy business,” said Doug McMillon, president and CEO, Walmart Stores, Inc. “Closing stores is never an easy decision, but it is necessary to keep the company strong and positioned for the future. It’s important to remember that we’ll open well more than 300 stores around the world next year. So we are committed to growing, but we are being disciplined about it.”

However, some in affected communities were dismayed at the decision.

Michael Huffman of Waskom, TX, called the decision to close the Walmart Express in his town "a very bad and immoral corporate decision."

He said, "Walmart ran the only other grocery store in town out of business. ... There are a lot of elderly people in Waskom who need a grocery store."

Walmart said the stores it will close "represent less than 1 percent of both global square footage and revenue." The closings represent about 2 percent of Walmart stores globally, Walmart said.

The Bentonville, AR, big-box giant garnered a fiscal year 2015 revenue of $485.7 billion and employs about 2.2 million associates worldwide.
The Large Families that Rule the World


Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. It is not pure chance. Everything has been planned for a long time.

Some call it “conspiracy theories” or New World Order. Anyway, the key to understanding the current political and economic events is a restricted core of families who have accumulated more wealth and power.

We are speaking of 6, 8 or maybe 12 families who truly dominate the world. Know that it is a mystery difficult to unravel.

We will not be far from the truth by citing Goldman Sachs, Rockefellers, Loebs Kuh and Lehmans in New York, the Rothschilds of Paris and London, the Warburgs of Hamburg, Paris and Lazards Israel Moses Seifs Rome.

Many people have heard of the Bilderberg Group, Illuminati or the Trilateral Commission. But what are the names of the families who run the world and have control of states and international organizations like the UN, NATO or the IMF?

To try to answer this question, we can start with the easiest: inventory, the world’s largest banks, and see who the shareholders are and who make the decisions.

The world’s largest companies are now: Bank of America, JP Morgan, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.

Let us now review who their shareholders are.

Bank of America:
State Street Corporation, Vanguard Group, BlackRock, FMR (Fidelity), Paulson, JP Morgan, T. Rowe, Capital World Investors, AXA, Bank of NY, Mellon.

JP Morgan:

State Street Corp., Vanguard Group, FMR, BlackRock, T. Rowe, AXA, Capital World Investor, Capital Research Global Investor, Northern Trust Corp. and Bank of Mellon.

Citigroup:
State Street Corporation, Vanguard Group, BlackRock, Paulson, FMR, Capital World Investor, JP Morgan, Northern Trust Corporation, Fairhome Capital Mgmt and Bank of NY Mellon.

Wells Fargo:
Berkshire Hathaway, FMR, State Street, Vanguard Group, Capital World Investors, BlackRock, Wellington Mgmt, AXA, T. Rowe and Davis Selected Advisers.


We can see that now there appears to be a nucleus present in all banks: State Street Corporation, Vanguard Group, BlackRock and FMR (Fidelity). To avoid repeating them, we will now call them the “big four”

Goldman Sachs:

“The big four,” Wellington, Capital World Investors, AXA, Massachusetts Financial Service and T. Rowe.

Morgan Stanley:
“The big four,” Mitsubishi UFJ, Franklin Resources, AXA, T. Rowe, Bank of NY Mellon e Jennison Associates. Rowe, Bank of NY Mellon and Jennison Associates.

 We can just about always verify the names of major shareholders. To go further, we can now try to find out the shareholders of these companies and shareholders of major banks worldwide.

Bank of NY Mellon:
Davis Selected, Massachusetts Financial Services, Capital Research Global Investor, Dodge, Cox, Southeatern Asset Mgmt. and … “The big four.”

State Street Corporation (one of the “big four”):
Massachusetts Financial Services, Capital Research Global Investor, Barrow Hanley, GE, Putnam Investment and … The “big four” (shareholders themselves!).

BlackRock (another of the “big four”):
PNC, Barclays e CIC.
Who is behind the PNC? FMR (Fidelity), BlackRock, State Street, etc.
And behind Barclays? BlackRock

And we could go on for hours, passing by tax havens in the Cayman Islands, Monaco or the legal domicile of Shell companies in Liechtenstein. A network where companies are always the same, but never a name of a family.

In short: the eight largest U.S. financial companies (JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, U.S. Bancorp, Bank of New York Mellon and Morgan Stanley) are 100% controlled by ten shareholders and we have four companies always present in all decisions: BlackRock, State Street, Vanguard and Fidelity.

In addition, the Federal Reserve is comprised of 12 banks, represented by a board of seven people, which comprises representatives of the “big four,” which in turn are present in all other entities.

In short, the Federal Reserve is controlled by four large private companies: BlackRock, State Street, Vanguard and Fidelity.

These companies control U.S. monetary policy (and world) without any control or “democratic” choice. These companies launched and participated in the current worldwide economic crisis and managed to become even more enriched.

 

To finish, a look at some of the companies controlled by this “big four” group

Alcoa Inc.

Altria Group Inc.

American International Group Inc.

AT&T Inc.

Boeing Co.

Caterpillar Inc.

Coca-Cola Co.

DuPont & Co.

Exxon Mobil Corp.

General Electric Co.

General Motors Corporation

Hewlett-Packard Co.

Home Depot Inc.

Honeywell International Inc.

Intel Corp.

International Business Machines Corp

Johnson & Johnson

JP Morgan Chase & Co.

McDonald’s Corp.

Merck & Co. Inc.

Microsoft Corp.

3M Co.

Pfizer Inc.

Procter & Gamble Co.

United Technologies Corp.

Verizon Communications Inc.

Wal-Mart Stores Inc.

Time Warner

Walt Disney

Viacom

Rupert Murdoch’s News Corporation.,

CBS Corporation

NBC Universal


The same “big four” control the vast majority of European companies counted on the stock exchange.

In addition, all these people run the large financial institutions, such as the IMF, the European Central Bank or the World Bank, and were “trained” and remain “employees” of the “big four” that formed them.

The names of the families that control the “big four”, never appear.
America's Shopping Malls Are Dying A Slow, Ugly Death



This building once housed a Macy's, which closed in 2008 and has since remained untouched.


All across America, once-vibrant shopping malls are boarded up and decaying.

Traffic-driving anchors like Sears and JCPenney are shutting down stores, and mall owners are having a hard time finding retailers large enough to replace them. With a fresh wave of closures on the horizon, the problem is set to accelerate, according to retail and real estate analysts.


About 15% of U.S. malls will fail or be converted into non-retail space within the next 10 years, according to Green Street Advisors, a real estate and REIT analytics firm. That's an increase from less than two years ago, when the firm predicted 10% of malls would fail or be converted.

"The risk of failure for a mall increases dramatically once you see anchor closures," said Cedric Lachance, managing director of Green Street Advisors. "Their health is very important ... and most of them are highly likely to continue closing stores."

Within 15 to 20 years, retail consultant Howard Davidowitz expects as many as half of America's shopping malls to fail. He predicts that only upscale shopping centers with anchors like Saks Fifth Avenue and Neiman Marcus will survive.

"Middle-level stores in middle-level malls are going to be extinct because they don't make sense," said Davidowitz, chairman of Davidowitz & Associates, Inc., a retail consulting and investment banking firm. "That's why we haven't built a major enclosed mall since 2006."


Here's the interior of Rolling Acres Mall in Akron, Ohio, which has been closed since 2008. 

Of the roughly 1,000 malls in the U.S., about 400 cater to upper-income shoppers, he said. For those higher-end malls, business is improving, according to data from Green Street Advisors. It's the lower-end malls that are being hit by store closures.

JCPenney, Macy's, and Sears have all recently announced fresh rounds of closures and layoffs. JCPenney is closing 33 stores, Macy's is closing five, and Sears is closing its flagship in Chicago— the latest of about 300 closures Sears has made since 2010.

As those retailers vacate their hulking, multi-story spaces, mall owners are aiming to replace them with movie theaters, restaurants, and discount retailers like TJ Maxx, Ross Stores, and Marshalls, analysts said.

But if a mall is hit by two or more anchor closures at once, it's harder to stay afloat. That's typically the beginning of a downward spiral leading to ultimate extinction, Lachance said.

Most struggling malls don't go down without a long, drawn-out fight, however — the evidence of which exists in hundreds of communities across the country where vacant wings of various shopping centers are beginning to crumble and decay. States hit particularly badly include Texas, Pennsylvania, Ohio, New York, and Illinois, according to Deadmalls.com, which tracks mall closures.
"Malls will go broke, will go dark, will get closed — and it will take eight years for something to be redeveloped," Davidowitz said.

Don Wood, the CEO of Federal Reality Investment Trust, has said the process of knocking down or converting a mall could take as long as two decades.

"It’s really going to be hard in the next 10 years to knock down that mall and rebuild it into something better because the economics just don’t work," Wood said at a conference in June 2012, according to The Wall Street Journal. A failing mall in a non-affluent market "most likely will just stay there and get worse and worse over the next 20 years."

What will eventually replace these ghost malls are community colleges, business offices, and health care facilities, according to Green Street Advisors.

Until then, many of these former shopping hubs will continue the gradual process of boarding up windows and turning out the lights, one store after another.

 By: businessinsider.com