Joe, i dont mean to answer for grant, and am not at all certain there's any 
common thread, but thought this news story from today was interesting - about 
warren buffett signaling the "death of retail." Seems that even the businesses 
that once killed the other businesses are struggling to stay alive:

https://www.msn.com/en-us/money/companies/warren-buffett-just-dropped-walmart-and-signaled-the-death-of-retail-as-we-know-it/ar-AAmWKmg

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