A reader of my site named Heather who has been unemployed since November of last year recently shared the following with me….

I am living in Reno/Sparks Nevada and I feel like it is ground zero for collapse. There are a lot of people who are in denial right now and cannot see the larger picture. I keep also saying we are the canary in the coal mine for the rest of the country.  It is quite depressing driving around seeing empty office buildings with vacancies and retail areas just empty. Went to the stores and retail seems pretty slow also. I am volunteering at ProNet locally and it helps unemployed people finds jobs and skills. It has been depressing there too with very little jobs out there for many people who need one.

She said that I should share what is happening in Reno with my readers.  She wanted people to know what those living in Reno are going through.

You might think that since Reno is so sunny, so warm and surrounded by such natural beauty that it would be one of the happiest places in America.

Unfortunately it turns out that the opposite is true.

Reno is actually a very sad place.

In fact, last year Men’s Health ranked Reno as the ninth saddest city in the United States.

In response to this ranking, one resident of Reno wrote the following….

In light of this disheartening list-making, it is, of course, important for Nevadans to look on the bright side. Rather than allowing these statistics to depress us further, we can consider them a series of challenges that make living in places like Reno and Las Vegas all the more impressive. You don’t just live in Reno. You survive Reno! To dwell in Reno, you must triumph over the odds that are stacked against you—one of the things we’re supposed to do best here.

If we can withstand all of the emotional curveballs thrown at us because we have selected such a turbulent location in which to reside, we can probably survive anything.

As a lifelong Renoite, I am inclined to respond to these lists with defiance. Yeah, things can look pretty grim sometimes when no one can find a job, and there seems to be no way out.

And that is how many Americans are feeling these days.  They are broke, unemployed, depressed and out of options.

How can you pick up and start a new life somewhere else when you have no job and no money?

Sadly, a lot of younger Americans are turning to drugs in an attempt to escape the pain of their daily lives.

One article that I found attempted to find humor in the raging meth epidemic that is happening in Reno….

Reno has been affectionately called the meth capital of the nation. Some foolishly think mass drug usage can ravage a city as swiftly as it can ruin a user’s clear complexion. In all reality, drug addiction is no more than an endearing quirk, certainly not a cause for concern. Babies and adolescents with addiction-addled parents should stop being coddled and learn how to take care of themselves. I’ve been doing my own laundry since I was six months old­ — I’m sure they can do the same. If there is anything disturbing about the meth problem in Reno, it’s that it shows the lack of variety in this town. Why don’t you try some uppers like MDMA? Your teeth will thank me.

Unfortunately, Reno is far from alone.  In the past I have written about how formerly great cities such as Detroit, Cleveland and Baltimore are completely falling apart as well.  This kind of thing is literally happening from coast to coast.

There is a very serious lack of decent jobs in America right now.  At this point only 24.6 percent of all jobs in the United States are good jobs.

This has made it increasingly difficult for Americans to be able to take care of themselves.

If you can believe it, more than 100 million Americans are on welfare at this point.

And that number does not even include the tens of millions of people that are on Social Security and Medicare.

What in the world has happened to us?

These days most Americans work really hard all of their lives but never end up reaching their dreams.

In fact, one recent study found that 46 percent of all Americans die with less than $10,000 worth of financial assets.

Talk about depressing.

But instead of having us focus on how bad the economic numbers are, the Federal Reserve wants to start measuring how “happy” everyone is.  The following is from a recent ABC News article….

Ben Bernanke wants to know if you are happy.

The Federal Reserve chairman said Monday that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Economics isn’t just about money and material benefits, Bernanke said. It is also about understanding and promoting “the enhancement of well-being.”

So what would you say if the Federal Reserve contacted you and asked if you are happy?

Please feel free to post a comment with your thoughts below….

The post The Sobering Reality Of What Life Is Like In Reno, Nevada appeared first on The Economic Collapse.

The headline to this article states that there will never be enough jobs in America again.

How could that possibly be true?

Well, the sad truth is that it is very hard to make a profit on an employee in the United States today.

Every year, the control freaks that run things just keep dumping more taxes, more laws, more regulations and more demands on employers.  Hiring even a low level employee today is very complicated and very expensive.

These days a lot of small business owners have decided that it is simply not worth the hassle to hire more employees.  If you can’t make a profit on them, what is the point?

If there was going to be a major rebound in hiring, we would have seen it by now.  Corporate profits are at an all-time high as I mentioned earlier.  How much more money do they need to make before they start hiring?

But I don’t blame them.  Our politicians have loaded the system with plenty of incentives NOT to hire workers.

Yesterday, I wrote about how Barack Obama has been a one man wrecking crew when it comes to killing jobs.  But he is not the only one to blame.  The truth is that politicians from both political parties have been making things more difficult for employers for decades.

Today, many employers are trying to replace as many employees as possible with computers, automation, robotics and other forms of technology.  Those are jobs that are not ever going to come back.

However, sometimes human labor is still actually needed.

But instead of hiring American workers, many big corporations are taking advantage of the emerging “one world economy” and are setting up shop in countries where it is legal to pay slave labor wages.

So how are American workers supposed to compete with that?

The truth is that they can’t.

Today, you aren’t just competing for jobs with your neighbors.  Your competition also includes millions upon millions of hard working people on the other side of the globe that will gladly work 12 hour shifts in nightmarish conditions for a dollar an hour.

The United States has been losing millions of jobs to lower wage countries, and the fierce competition for the jobs that remain is driving down wages in this country.

As a result, many of our greatest cities that were once the envy of the entire world have become cesspools of filth, decay and wretchedness.

We are going to continue to bleed jobs because both major political parties are fully convinced that merging our labor pool with the labor pool of the rest of the world is a grand idea.

Republicans have been brainwashed into believing that a one world economic system is actually “conservative”.  They have been told that it is “conservative” to merge our economy with countries ruled by third world dictators and brutal communist regimes that have no respect for human rights at all.

Democrats have been brainwashed into believing that merging our economy into a one world economic system is “good for American workers” and will bring more prosperity to this country.

Barack Obama is even negotiating a treaty right now that would reportedly ban all “Buy American” laws.

How stupid can we be?

If we merge our labor pool with the labor pool of the rest of the world with no protection, guess where our wages and our standard of living is going to go?

The answer is obvious.

The “giant sucking sound” that Ross Perot warned us about so many years ago has become a reality.

It is just basic economics.

If I go to the store and I see two similar products and one is priced at $10 and the other is priced at $100 I am going to go for the one priced $10.

Well, it is the same thing with employees.

U.S. workers can’t compare with low wage workers on the other side of the world.  It is simply no contest.

Meanwhile, our control freak politicians continue to shove more jobs out the door by piling on even more taxes, rules and regulations.

Unfortunately, these trends are not going to change.  It doesn’t matter who gets elected.  The bleeding of jobs is going to continue.

In fact, we should probably be celebrating that things are still as good as they are.

In the future they will be a whole lot worse.

The period we are in right now was supposed to be the recovery.  During the last recession the percentage of working age Americans with jobs fell dramatically.  Since the end of the recession, that number has stayed remarkably flat….

Now the next major downturn is rapidly approaching.

When it hits, the unemployment rate is going to go well up into the double digits.

At the moment, our failing economy is being propped up by unprecedented amounts of debt.

When our debt-fueled false prosperity ends, the true horror of the decay of our economic system will be revealed.

If you think it is hard to find a job now, you just wait.  What is coming is going to be a total nightmare.  As I have written about before, many years of pain are ahead.

But that doesn’t mean that you have to lose hope.

On my website, people often share how their lives have been absolutely devastated by this economy.  Some of them are even so down that they are considering giving up completely.

But that is the exact wrong response to all of this!

The reason why I try so hard to explain what is coming is so that it will not be a surprise to people.  If you make plans and preparations now, the times that are coming will not overwhelm you.  I believe that there will be people that will be greatly blessed even in the midst of what is coming.

However, millions of Americans that are not listening to the warnings now will have their lives totally destroyed by what is coming.

The world is changing.  Nothing is going to stop that.  The unprecedented prosperity that we have been rolling in is going to shrivel up and go away.

But that does not mean that your life is over.

In fact, if you get yourself physically and mentally prepared for what is ahead the times that are coming can be the greatest times of your life.

One of my goals is to give people hope.  There is hope in understanding what is coming.  There is hope in being prepared.  There is hope in being a light in the middle of the darkness.  There is hope in being willing to love people in the midst of a world that is going crazy.  The following is from a comment that one reader left on a recent article….

I wanted to thank you, the author of this article, whoever you are. I haven’t completely ruled out killing myself but you’ve certainly given me something to think about. And thank you for trying to give people like me a little hope. A little kindness, even if only through words, is at a premium these days especially in my life. I will think carefully about what you’ve said. Best wishes to you and your efforts. God bless.

Everyone out there that is in a similar position – please do not ever, ever, ever give up.

No matter how bad things look right now, there are people out there that care.

One thing I have learned in life is this – there is always a way that things can be turned around.

Sadly, in the future a lot of Americans are going to give in to despair and will completely give up on life.  We saw it happen during the Great Depression of the 1930s and we are seeing this in Greece and other European countries right now.

But the truth is that your life is not over no matter how bad things get out there.

You can let the times that are coming destroy you, or you can make them the greatest adventure of your life.

The choice is up to you.

I urge you to get ready, to get more independent of the system and to start focusing on the things that really matter in life.

The post There Will Never Be Enough Jobs In America Again appeared first on The Economic Collapse.

Most Americans would agree that there is a tremendous amount of selfishness and greed on Wall Street, but as the videos posted below demonstrate, there is also a tremendous amount of selfishness and greed on “Main Street” as well.

This year, Black Friday violence included robberies, gunfire and shootings, but the most shocking incidents actually happened inside the big retail stores.

For example, as merchandise was being unveiled on Black Friday night at a Wal-Mart in the Los Angeles area, one woman actualy pulled out pepper spray and sprayed it at other customers that were gathered around her.

Did she do this because she felt threatened?

No, according to the Los Angeles Times, authorities say that the woman was just seeking a “competitive” edge.

It is being reported that at least 20 people were affected by the pepper spray.

The pepper spray incident just added to the wild and frenzied atmosphere inside that Wal-Mart last night.

The following is how the Los Angeles Times described the scene….

Employees attempted to hold back the scrum of shoppers and pick up merchandise even as customers trampled the video games and DVDs strewn on the floor.

“It was absolutely crazy,” he said.

Another customer said screams erupted after about 100 people waiting in line to snag Xbox gaming consoles and Wii video games got into a shoving match.

Alejandra Seminario, 24, said she was waiting in line to grab some toys at the store around 9:55 p.m. when people the next aisle over started shouting and ripping at the plastic wrap encasing gaming consoles, which was supposed to be opened at 10 p.m.

“People started screaming, pulling and pushing each other, and then the whole area filled up with pepper spray,” the Sylmar resident said.

Pepper spray was used at a Wal-Mart on the other side of the country as well.  Over in Kinston, North Carolina an off-duty police officer used pepper spray as an unruly shopper was being subdued.  Approximately 20 people (including some children) were affected by the pepper spray.

Most Americans are not really concerned over the fact that this country is rapidly heading into the toilet, but they sure will get worked up into a frenzy over some good deals.  Just check out the following video that was filmed in California.  In the video, a huge crowd can be seen storming the entrance of Urban Outfitters in the Thousand Oaks Mall on Black Friday night….

There are lots of other crazy videos of Black Friday madness on YouTube today as well.  Just check out some of the following examples….

*In Fresno, California law enforcement authorities were barely able to keep a stampede at the entrance of one store from turning into a riot.

*In this next video, you can see people going absolutely crazy over memory cards at about the 1:20 mark.

*On Black Friday night, American consumers will riot over just about anything.  For example, there was a huge panic over Tupperware at one Wall-Mart last night.

*Of course electronics is probably the hottest category in most stores on Black Friday night.  In some areas, the fighting over video games became incredibly intense.

*Some of the worst Black Friday rioting goes on inside Wal-Marts.  Just check out this shocking video of what happens inside a Wal-Mart on Black Friday night.

*Also, what happened last night at a Wal-mart Supercenter in Greenville, North Carolina, was nothing short of idiotic.

If this is how the American people will act just to save a few bucks on cheap plastic crap made in foreign countries, how are they going to act when the economy collapses?

If Americans will literally fight each other over saving 20 bucks, what is going to happen someday when millions of them don’t know where their next meal is going to come from?

Thankfully the economy is still in good enough shape that most Americans can participate in these orgies of consumerism.  But the reality is that the global financial system is in a massive amount of trouble, and it looks like we could be on the verge of another global financial collapse.

Do the American people have enough character to be able to deal with a full-blown economic depression?

In a recent article entitled “22 Signs That The Thin Veneer Of Civilization That We All Take For Granted Is Starting To Disappear“, I commented on the declining character of the American people….

Instead of teaching our children to love and care for one another, we have taught them to be incredibly self-involved.  Today, way too many Americans deeply love themselves, deeply love money and are deeply addicted to entertainment.  Each new generation seems to be even more prideful, even more arrogant and even more violent.  As a nation, we are losing our empathy for others, our compassion for the needy and our respect for the elderly.  Our family units are breaking down and thousands of our communities are being transformed into hellholes.

Over the past several decades, the biggest debt bubble in the history of the world has enabled us to enjoy unprecedented prosperity.  But it has been a “false prosperity”, and it is frightening to think about what America is going to look like when the good times finally end.

The other thing that is really disturbing about Black Friday is the fact that the vast majority of the products that Americans are fighting over are made overseas.

As I pointed out recently, 23 manufacturing facilities were shut down every single day in the United States last year.

Since 2001, the U.S. has lost a total of more than 56,000 manufacturing facilities.

This country is bleeding jobs, bleeding businesses and bleeding wealth at a pace that is nearly impossible to fully grasp.

We are becoming poorer as a nation every single day, and yet Americans are seemingly more enamored with consumerism than ever before.

Most Americans could not care less about where something was made.  The only thing that matters to them is how cheap it is.

It doesn’t matter to them that a record-setting 2.6 million Americans slipped into poverty last year or that there are 10 percent fewer middle class jobs in America today than there were a decade ago.

We have become a nation that is so self-centered that it is hard to find the words to describe it.

Rather than caring about what is good for America, most of us only care about what is good for ourselves.

The madness that we see every Black Friday is just one more sign that our society is coming apart at the seams.

America has become a nation that is absolutely saturated with greed.  Unfortunately, all of that greed is going to make the hard economic times that are coming much, much more painful.

The post Black Friday Violence Worse Than Ever As American Consumers Fight Over Deals Like Crazed Animals appeared first on The Economic Collapse.

If you are a “Kool-Aid drinking Democrat” you are going to be really upset by this article.  If you are a “Kool-Aid drinking Republican” you are going to be really upset by this article.

Most Republicans have been brainwashed into believing that “capitalism” means cheerleading while the big corporations hoover up money and power.

Most Democrats have no trouble with big corporations either because most establishment Democrats have been brainwashed into believing that large concentrations of power (whether governmental or corporate) are generally good.  Most Democrats just wish that big corporations were a little less greedy and were a little more “socially responsible”.

Today, the big banks, the big corporations and the federal government are all in bed with one another and it is average Americans that always lose out.

Our founding fathers tried to warn us about large concentrations of power.  They attempted to establish a very limited central government, they wanted to keep us free from the tyranny of the big banks and they were very suspicious of large corporations.

In a 2010 article, Rick Ungar noted that corporations were very seriously restricted in the early days of America….

After the nation’s founding, corporations were, as they are today, the result of charters granted by the state. However, unlike today, they were limited in how long they were permitted to exist (typically 20 or 30 years), only permitted to deal in one commodity, they could not own shares in other corporations, and their property holdings were expressly limited to what they needed to accomplish their corporate business goals.

My how things have changed.

“Capitalism” is supposed to be about the empowerment of individuals and families and small businesses.

Instead, today “capitalism” has come to mean something completely different.  Today, the biggest, meanest concentrations of wealth devour everyone else with a big assist from the government.

At this point, average Americans mean next to nothing in the political process.  This point was eloquently made in a recent column by Robert Reich….

The unemployed are politically invisible. They don’t make major campaign donations. They don’t lobby Congress. There’s no National Association of Unemployed People.

Their ranks are filled with women who had been public employees, single mothers, minorities, young people trying to enter the labor force, and middle-aged men who have been out of work for longer than six months. You couldn’t find a collection of people with less political clout.

I would not normally quote Robert Reich, but he made a good point.  If you don’t have an army of lobbyists or any money to give to them then most of our politicians don’t really care what you think or how much you are hurting.

Just think about the amount of power and money that Exxon Mobil or Wal-Mart has compared to the amount of power and money that an average American has.

Our society has veered very far from the egalitarian ideal that our founding fathers once hoped for.

The corporate giants are so powerful that it is next to impossible for small businesses to directly compete with them.

Just try it some time.

Many banks and corporations have become so big that the world literally cannot afford for them to fail.

For example, three U.S. corporations control approximately 90% of the world’s grain trade.

So what happens if those three corporations collapse?

That is something to think about.

But of course average Americans are never “too big to fail”.  The big banks begged and begged for bailouts, but if you are late on your debt payments they will chuck you into prison.

Also, when wealth and power are so highly concentrated, economic rewards flow only to a few.  Corporatism (as opposed to true capitalism) produces a handful of winners and a whole lot of losers.

As I have written about previously, the middle class is being destroyed.  If current trends are allowed to continue long enough we eventually won’t have much of a middle class left at all.

The following are 29 statistics about extreme income inequality in America that will blow your mind….

#1 In the United States today, the richest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

#2 The wealthiest 1% of all Americans now own more than a third of all the wealth in the United States.

#3 The wealthiest 1% of all Americans own over 50% of all the stocks and bonds.

#4 The poorest 50% of all Americans collectively own just 2.5% of all the wealth in the United States.

#5 According to a joint House and Senate report entitled “Income Inequality and the Great Recession“, the top one percent of income earners in the United States brought in a total of 10.0 percent of all income income in 1980, but by the time 2008 had rolled around that figure had skyrocketed to 21.0 percent.

#6 Between 1979 and and 2007, the average household income of the top 1% of all Americans soared from $346,600 to $1.3 million.  During that same time period the average household income for middle class Americans increased only slightly.

#7 According to Harvard Magazine, 66% of the income growth between 2001 and 2007 went to the top 1% of all Americans.

#8 More than 3 billion people, close to half the world’s population, live on less than 2 dollar a day.

#9 According to a new report from the AFL-CIO, the average CEO made 343 times more money than the average American did last year.

#10 The number of “low income jobs” in the U.S. has risen steadily over the past 30 years and they now account for 41 percent of all jobs in the United States.

#11 Since 1979, real median weekly earnings for high school dropouts has declined by 22 percent.

#12 During this economic downturn, employee compensation in the United States has been the lowest that it has been relative to gross domestic product in over 50 years.

#13 Half of all American workers now earn $505 or less per week.

#14 Since the year 2000, we have lost 10% of our middle class jobs.  In the year 2000 there were about 72 million middle class jobs in the United States but today there are only about 65 million middle class jobs.  Meanwhile, our population has gotten significantly larger.

#15 Ten years ago, the United States was ranked number one in average wealth per adult.  In 2010, the United States fell to seventh.

#16 According to one recent study, approximately 21 percent of all children in the United States were living below the poverty line in 2010. In the UK and in France that figure is well under 10 percent.

#17 Today, one out of every four American children is on food stamps.

#18 It is being projected that approximately 50 percent of all U.S. children will be on food stamps at some point in their lives before they reach the age of 18.

#19 According to Moody’s Analytics, the wealthiest 5% of households in the United States now account for approximately 37% of all consumer spending.

#20 The number of Americans that are going to food pantries and soup kitchens has increased by 46% since 2006.

#21 The U.S. poverty rate is now the third worst among the developed nations tracked by the Organization for Economic Cooperation and Development.

#22 Approximately half of all American workers make $25,000 a year or less.

#23 The wealthiest 1% of the earth’s population controls 39% of the wealth.

#24 It is estimated that over 80 percent of the world’s population lives in countries where the income gap between the rich and the poor is widening.

#25 One year after the recent financial collapse the top 25 hedge fund managers earned a total of approximately $25 billion.  That breaks down to an average of $1 billion each.

#26 Bill Gates has a net worth of somewhere in the neighborhood of 50 billion dollars.  That means that there are approximately 140 different nations that have a yearly GDP which is smaller than the amount of money Bill Gates has.

#27 It is estimated that the entire continent of Africa owns approximately 1 percent of the total wealth of the world.

#28 The top 0.01% of Americans make an average of $27,342,212.  The bottom 90% make an average of $31,244.

#29 58 percent of the members of Congress are millionaires while only about 1 percent of the general population is made up of millionaires.

So what is the solution?

Well, our liberal friends insist that the solution to all of this inequality is to tax the rich and to distribute the wealth to the poor.

Well, there are three major problems with that.

Number one, when you raise taxes too high you eliminate the incentive to work hard.

Number two, when you make it too easy to depend on government handouts you create an underclass of economic parasites.

Number three, the big corporations and the ultra-wealthy have become masters at avoiding taxation no matter what the rates are.

Before you tax the rich too much, you might want to consider the consequences of doing so.

Why should someone bust his or her rear end to run a business and make a lot of money if the government is just going to come along and take over half of all the money that is made?

Personally, if I ever get into a tax bracket where over half the money I make goes to the government then I simply will not work nearly as hard at that point.

But if that starts happening on a large scale, then you have a significant loss of economic activity which hurts the economy overall.

Already, the top 20 percent of all income earners in the United States pay approximately 86 percent of all federal income taxes.

When the government “steals from the rich” and “gives to the poor”, that also tends to create a large group of people that decides that it is easier to take from the government than it is to work for a living.

In 1980, government transfer payments accounted for just 11.7% of all income.  Today, government transfer payments account for 18.4% of all income.

That is not a good trend.

At this point, U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes.

That is not even close to sustainable, but nobody wants to give up their “government benefits”.

Today, 59 percent of all Americans receive money from the federal government in one form or another.

Yes, there will always be those that cannot help themselves and we should always have a “safety net”.

But when you look around it doesn’t take a genius to figure out that things have gotten completely and totally out of control.

Right now, an all-time record 44 million Americans are on food stamps.

Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6 Americans is on Medicaid.

The U.S. government is even handing out billions of dollars to homeowners that are delinquent on their mortgages.

This is not a formula for long-term economic success.

When people get addicted to government checks they never want to stop.

But this is not what the poor need.

What the poor need are good jobs that pay good wages.  Unfortunately, we keep shipping millions of those jobs overseas.  So now the Chinese economy is thriving and our formerly great manufacturing cities are turning into hellholes.

Handouts do not give people hope, dignity and a future, but jobs can.

Also, as I have written about before, the big corporations and the ultra-wealthy have become masters at avoiding taxes.  There is a reason why approximately a third of all the wealth in the world is held in “offshore” tax havens.

What U.S. corporations are able to get away with is absolutely amazing.

The following figures come directly out of a report by Citizens for Tax Justice.  These are combined figures for the tax years 2008, 2009 and 2010.

During those three years, all of the corporations below made a lot of money.  Yet all of them paid net taxes that were below zero for those three years combined.

How is that possible?  Well, it turns out that instead of paying in taxes to the federal government, they were actually getting money back.

So for these corporations, their rate of taxation was actually below zero.

If you have not seen these before, you are going to have a hard time believing some of these statistics…..

*Honeywell*

Profits: $4.9 billion

Taxes: -$34 million

*Fed Ex*

Profits: $3 billion

Taxes: -$23 million

*Wells Fargo*

Profits: $49.37 billion

Taxes: -$681 million

*Boeing*

Profits: $9.7 billion

Taxes: -$178 million

*Verizon*

Profits: $32.5 billion

Taxes: -$951 million

*Dupont*

Profits: $2.1 billion

Taxes -$72 million

*American Electric Power*

Profits: $5.89 billion

Taxes -$545 million

*General Electric*

Profits: $7.7 billion

Taxes: -$4.7 billion

Are you starting to get the picture?

I wish I could make $7.7 billion, pay no taxes and have the government give me $4.7 billion on top of it.

Our system has become corrupted beyond all recognition.

We need to throw out the current system of taxation and come up with something entirely new.

In fact, the truth is that for most of U.S. history there was not a federal income tax at all.  But that is a story for another day.

If you believe in the U.S. Constitution and in the republic that our founding fathers established, then the very high concentrations of wealth and power in our society today should greatly concern you.  Income inequality is not a “Democrat” or a “Republican” issue.  A vibrant, thriving middle class should be a goal all of us can embrace.

But I have a feeling a whole lot of “Democrats” and a whole lot of “Republicans” were deeply offended by this article.  Feel free to express your opinion by leaving a comment below….

The post Will The Banksters And The Corpocracy Eventually Own It All? 29 Statistics About Extreme Income Inequality In America That Will Blow Your Mind appeared first on The Economic Collapse.