The Beginning Of The End
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This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good

Depressed - Public DomainThe U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened.  Median household income has declined substantially since then, total household wealth for middle class families is way down, the percentage of the population that is employed is still about where it was at the end of the last recession, and the number of Americans that are dependent on the government has absolutely exploded.  Even those that claim that the economy is "recovering" admit that we are not even close to where we used to be economically.  Many hope that someday we will eventually get back to that level, but the truth is that this is about as good as things are ever going to get for the middle class.  And we should enjoy this period of relative stability while we still can, because when the next great financial crisis strikes things are going to fall apart very rapidly. (Read More....)

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20 Signs That All Point To The Exact Same Thing – Can You Guess What That Is?

The U.S. economy is in a massive amount of trouble.  There aren't enough jobs.  There isn't enough money to go around.  Business activity is slowing down again.  Household wealth has been falling.  Food prices have been rising.  Many state and local governments all over the country are flat broke and are drowning in debt.  The federal government has been rolling up unprecedented amounts of debt in an attempt to keep things going, but everyone knows that kind of borrowing is simply unsustainable.  So where do we go from here?  We consume far more than we produce and we use debt to make up the difference.  40 years ago the total amount of debt in America (government, business and consumer) was less than 2 trillion dollars.  Today it is nearly 55 trillion dollars.  How in the world did we let the total amount of debt in the United States grow more than 27 times larger over the past 40 years?  Our economic system is fundamentally broken, but most Americans don't realize it yet because times are still relatively good. (Read More....)

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