A Wall Street Bank Is Warning That Millions Of Americans Will Lose Their Jobs In 2023

Is your job secure?  Over the past couple of years, American workers generally didn’t need to be concerned about job security.  Even if someone got fired unexpectedly, it was just so easy to find new employment because there simply was not enough able-bodied workers out there.  But now everything is changing.  Some of the largest corporations in the entire country are starting to conduct mass layoffs as the U.S. economy steadily slows down.  Unfortunately, it appears that a lot more pain is ahead.  In fact, as you will see below, one of Wall Street’s biggest banks is ominously warning that millions of American workers will lose their jobs next year.

Stories about mass layoffs are hitting the news at a fast and furious pace these days.  For example, we just learned that a factory that makes Jeep Cherokees in northern Illinois will be laying off 1,350 workers

The company, which employs about 1,350 workers at the plant in Belvidere, Illinois, said the action will result in indefinite layoffs and it may not resume operations as it considers other options.

Stellantis said the industry ‘has been adversely affected by a multitude of factors like the ongoing COVID-19 pandemic and the global microchip shortage, but the most impactful challenge is the increasing cost related to the electrification of the automotive market.’

I was very sad to see that happen.

Those that work in our automotive factories are some of the hardest working people in the entire nation.

Other types of workers are losing their jobs in very large numbers as well.

Earlier today, I came across a story about layoffs that will affect 1,800 employees that worked in phone kiosks inside Costco stores…

Over 1800 employees were laid off at Wireless Advocate which operates the phone kiosks inside Costco Wholesale stores.

A local Costco representative said staff is just becoming aware that all their phone kiosks abruptly ceased operations at all Costco Warehouses on December 5, 2022.

If you lose your job, I would try to find another one as rapidly as possible, because the longer you wait the more people you are going to be competing against.

As I mentioned earlier, even some of the largest corporations in the U.S. are now laying off large numbers of people.  In a previous article I discussed the layoffs that are coming at Amazon, and now it appears that those layoffs will be even larger than originally anticipated

It appears that Amazon plans to fire 20,000 people, which is twice as many as previously estimated. Workers from distribution centers, IT professionals, and corporate leaders will all be let go by Amazon across a number of areas. According to those with knowledge of the situation, Amazon layoffs will happen in the upcoming months. Staff at all levels are likely to be impacted because Amazon workers are ranked from level 1 to level 7. The NYT originally revealed that Amazon plans layoffs in mid-November, citing sources who said that as many as 10,000 workers would be let go.

Sadly, the truth is that we are still only in the very early stages of this new crisis.

Many more layoff announcements will be coming in the months ahead, and at this point a division of Citibank is projecting that the U.S. economy will lose approximately 2 million jobs next year…

The group said in its latest outlook report published this week that the economy could lose an estimated 2 million jobs in 2023 as the jobless rate climbs to 5.25%.

“We believe that the Fed’s rate hikes and shrinking bond portfolio have been stringent enough to cause an economic contraction within 2023,” the economists said in the report. “And if the Fed does not pause rate hikes until it sees the contraction, a deeper recession may ensue.”

If we actually lose that many jobs, it will be catastrophic.

Meanwhile, Americans are steadily getting poorer.

From January to September, U.S. household wealth plunged by a whopping 13.5 trillion dollars.

Part of the reason this is happening is because home values are starting to fall quite rapidly.

And they are going to fall even more if the Federal Reserve continues to raise interest rates.

Unfortunately, Fed officials just keep telling us that more rate hikes are coming.

Homebuilders are being hit extremely hard as well.  They started lots of new houses when times were still good, and now they have lots of inventory and very few buyers

If a homebuilder cannot sell their ballooning inventory of unsold new houses to households, at current prices and mortgage rates, amid plunging sales and soaring cancellation rates of signed contracts – topping out at 45% in the Southwest and at 38% in Texas – despite aggressive incentives such as mortgage-rate buydowns to stimulate sales and prevent cancellations, well, whom are homebuilders supposed to sell those houses to?

Thanks to the Fed, the entire housing market is a giant mess at this point.

Hundreds of thousands of homeowners are now underwater on their mortgages, and the early payment default rate has risen to heights that we saw back during the peak of the last housing crash in 2009…

Digging deeper into the month’s data, Black Knight found that, while still relatively low among conforming loans, the early-payment default (EPD) rate – which captures mortgages that have become delinquent within six months of origination –– has risen among FHA loans for much of the past year to reach its highest level since 2009, excluding the months in the immediate wake of the pandemic.

Economic conditions are already really bad, and they will soon get a whole lot worse.

Signs of trouble are erupting all around us.  For instance, I was deeply alarmed when I read that Orlando International Airport is experiencing a very serious fuel shortage

The Federal Aviation Administration is warning pilots that Orlando International Airport (MCO) is running low on fuel, and that could mean hiccups in the days ahead for travelers.

In an official notice, the agency said that the airport could continue having supply issues through about 7 p.m. Tuesday, and suggests that airlines should be prepared to operate flights into the airport with enough fuel on board to fly back out.

I have never heard of an entire airport being short on fuel for an extended period of time before.

Hopefully this is just a temporary setback.

But what isn’t temporary are the long-term economic trends.  They have all been going in the wrong direction for a long time, and now a moment of reckoning has arrived.

Enjoy the next few weeks while you still can, because it appears that 2023 is going to be a very painful year.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Hospitals Are Overflowing With Patients As Multiple Pestilences Sweep Across America

Winter hasn’t even begun yet, but cold weather diseases are already spreading like wildfire all over the United States.  The flu has returned in 2022 with a vengeance, new strains of COVID are reportedly starting to emerge, and RSV has hit some areas of the nation extremely hard.  I don’t ever remember seeing anything quite like this, and the weather is only going to get colder in the weeks ahead.  Normally, most people would be able to fight off such diseases fairly easily, but at this point so many have weakened immune systems after everything that has transpired over the last few years.  As a result, millions of Americans have been getting really sick, and CNN is reporting that U.S. hospitals “are more full than they’ve been throughout the Covid-19 pandemic”…

Hospitals are more full than they’ve been throughout the Covid-19 pandemic, according to a CNN analysis of data from the US Department of Health and Human Services. But as respiratory virus season surges across the US, it’s much more than Covid that’s filling beds this year.

More than 80% of hospital beds are in use nationwide, jumping 8 percentage points in the past two weeks.

Please take the time to read those two paragraphs again.

At no point during the past several years have our hospitals ever been as full as they are right now.

And this has happened even though the proportion of COVID patients in our hospitals has been steadily shrinking

Back in January, about a quarter of hospital beds were in use for Covid-19 patients. But now, only about 6% of beds are in use for Covid-19 patients, according to the HHS data.

We are being told that some of the new strains of COVID that are now emerging represent a potent threat, but obviously it isn’t COVID that is causing the massive surge in hospitalizations that we are currently witnessing.

Instead, confirmed cases of the flu are absolutely exploding right now.  For example, just check out what is going on in Massachusetts

Illnesses caused by the flu are surging in Massachusetts, according to the latest weekly report from the Department of Public Health.

The report issued Friday, which covers the week from Nov. 27 through Dec. 3, included 5,462 cases that were confirmed by laboratory testing. That’s nearly double the 2,846 cases confirmed during the week covered by the previous report.

Sadly, we are seeing similar numbers nationwide.

In fact, the number of Americans admitted to the hospital with the flu roughly doubled during Thanksgiving week…

The number of people admitted to the hospital for flu during the week of Thanksgiving was nearly double the number of admissions during the week before. And the latest surveillance data probably does not reflect the full effects of holiday gatherings, as it captures only through November 26, two days past Thanksgiving.

Meanwhile, RSV continues to rip across America at a breathtaking pace, and very young children are being hit particularly hard.

In some cases, hospitals are actually transferring sick kids out of state because they are so overloaded with patients…

To cope with the flood of young patients sickened by a sweeping convergence of nasty bugs — especially respiratory syncytial virus, influenza, and coronavirus — medical centers nationwide have deployed triage tents, delayed elective surgeries, and transferred critically ill children out of state.

Unfortunately, it appears that this is just the beginning.

Winter will officially start later this month, and so it is likely that things will only get worse in the months ahead.

That is not good news at all, because we are already facing significant shortages of key antibiotics all over the country

“We are so busy we can’t keep up with the phone calls and sick kids,” said Dr. Josie Stone, a pediatrician with Advanced Pediatrics of Boca Raton. While most of the respiratory illnesses Stone sees are viral, children often get complications such as ear, sinus and throat infections that require antibiotics, she said. With children all over the country suffering from the same complications, South Florida pharmacies have a limited supply of many of the most common antibiotics.

The antibiotics in short supply include Amoxicillin and Augmentin to treat ear and skin infections as well as Azithromycin (referred to as a zpack) used to treat certain bacterial infections, such as bronchitis and pneumonia. It also includes medications such as Albuterol to treat asthma or breathing problems.

As I recently covered in another article, the official FDA website says that more than 100 prescription drugs are in short supply right now.

Of course this is something that is not just happening in the United States.  Over in Europe, shortages of many important drugs are also becoming quite widespread

Countries across Europe are reporting shortages of antibiotics as demand for the medicines rises and manufacturers grapple with supply-chain snags.

Amoxicillin, cephalosporins and other widely used antibiotics are in short supply, data from various countries show, raising concerns among doctors and officials about the availability of drugs that are relied on to treat conditions ranging from ear infections to pneumonia.

If supplies of drugs just keep getting tighter and our hospitals just keep getting fuller, it is probably just a matter of time before authorities in many areas will want to impose new health restrictions.

In fact, officials in New York City are already “strongly urging” residents to wear masks.

I thought all of that was behind us, and I don’t think that any of us want to go back again.

Hopefully, the flu and RSV will be the worst diseases that we have to deal with this winter.

Because the truth is that we have been perfectly primed for more outbreaks, and a truly killer virus could easily sweep through the general population.

As I keep warning, we have now entered an era of great pestilences, and if you are expecting the government to save you from what is coming you are going to be deeply disappointed.

No matter what authorities have tried, multiple diseases just keep spreading all around us.

What we have been through so far is just the tip of the iceberg, and so many people are going to die in 2023 and beyond.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Hundreds Of Thousands Of U.S. Homeowners Are Now Underwater On Their Mortgages As The Housing Crash Accelerates

Here we go again.  When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were worth.  When the Federal Reserve started to aggressively hike interest rates earlier this year, I warned that it would happen again, and now that day has officially arrived.  During the third quarter alone, U.S. homeowners lost an all-time record 1.3 trillion dollars in equity as home values plummeted, and a new analysis conducted by Black Knight has found that approximately 450,000 of those homeowners are now underwater on their mortgages

As the housing market continues to implode – marking a record drop in pending home sales last month amid canceled deals and price cuts, there are around 450,000 homebuyers who owe more than their house is worth as of the end of the third quarter, according to a new analysis from Black Knight. Of those, around 60%, or 270,000, bought their homes in the first nine months of 2022. In total, around 8% of mortgages taken out in 2022 are now marginally underwater, with another 20% having a low equity position.

As I have stated in previous articles, I feel so sorry for those that purchased homes at or near the peak of the market.

If the Federal Reserve continues to raise rates, it won’t be too long before millions of homeowners are underwater on their mortgages, and that would truly be a nightmare scenario.

When you owe much more than your home is currently worth, that makes it exceedingly difficult to sell it.

Ultimately, many homeowners that were underwater on their mortgages in 2008 and 2009 simply defaulted and walked away, and that created enormous headaches for Wall Street.

Right now, we are already in a “housing recession”, and the Federal Reserve is threatening to turn it into a “housing depression”.

Earlier today, we got yet another number that indicates that the housing market is in incredibly bad shape at this moment…

This has been a year of watershed moments in real estate, and not the good kind.

The Housing Market Index, a closely watched industry metric that gauges the outlook for home sales, declined to 33 in November on a hundred-point scale, its lowest level in a decade, save for the first dystopian month of the pandemic. Anything under 50 spells trouble.

14 years after the last housing crash started, another one has arrived.

Interestingly, the housing crash that began in 2008 also began 14 years after the previous one.

In the brand new book that I just released, I have an entire chapter about how the housing crashes have been following a very odd pattern.

And just like 2008, layoffs are starting to surge all over America

Layoffs are picking up, just in time for the holidays.

At first it was the job-slashing in tech that gobbled up all the attention. From Twitter to Amazon, tech firms have cut more than 146,000 jobs in 2022 after years of seemingly unlimited hiring, according to tracker Layoffs.fyi. Yet with each passing day, the unemployment gloom spreads. It’s reached Wall Streetreal estatecrypto, and even the food and beverage industry.

We haven’t seen anything like this since the Great Recession, and one industry that is being hit particularly hard is the media

In an environment where legacy media is collapsing — in the past week, CNN has started a massive round of layoffs, NPR is responding to a $20 million shortage in corporate grift with a hiring freeze, the Washington Post has folded its magazine and is contemplating widespread layoffs, and the New York Times newsroom will go out on strike on December 8, and we all know how well a strike works when you’re overpaid and have a skill set that can be replaced by sending a van to the Texas-Mexico border — this would be a wake-up call.

I can’t say that I am sad to see these establishment media companies fall on hard times.

They have been relentlessly feeding the public disinformation for years, and the American people are fed up with them.

But I do feel very badly for all of the hard working Americans out there that are suddenly losing their jobs during this holiday season.

On Thursday, we learned that initial claims for unemployment benefits were up last week, and we also learned that continuing claims have shot up to the highest level in 10 months

Figures released Thursday by the Labor Department show initial claims for the week ended Dec. 3 rose to 230,000 from the upwardly revised 226,000 recorded a week earlier. That is above the 2019 pre-pandemic average of 218,000 claims.

Continuing claims, filed by Americans who are consecutively receiving unemployment benefits, rose to 1.671 million for the week ended Nov. 26, up by 62,000 from the previous week’s revised level.

The fact that continuing claims have now reached such an alarming level prompted one economist to declare that the “recession sky is darkening”

An economist is warning that, under Joe Biden’s economic leadership, the “recession sky is darkening.”

That’s according to Chris Rupkey, chief economist at Fwdbonds, who commented after reports that continuing unemployment claims at the end of November rose by 62,000 to 1.7 million.

Sadly, he is quite correct.

Economic conditions are going to continue to deteriorate in the months ahead, and this comes at a time when so many U.S. consumers are already living on the edge of financial disaster

The savings rate is now near an all-time low whilst credit card debt is at an all-time high. Clearly, U.S. consumers are, in aggregate, flying very close to the sun.

I know that I have covered a lot of information very rapidly in this article.

But I want to keep my regular readers updated on what is really going on out there.

In so many ways, what we are witnessing right now is a repeat of what we experienced in 2008 and 2009.

It certainly appears that 2023 is going to be an exceedingly painful year for the U.S. economy, and the U.S. population is not at all prepared to handle any sort of a severe economic downturn.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Can You Guess What Percentage Of Americans Are Having Trouble Paying Their Grocery Bills?

For the first time in decades, the cost of food has become a major issue in America.  If rapidly rising food prices are not a problem for you, then you should be very thankful, because most of the country is really hurting right now.  The cost of food has been going up much faster than our paychecks have throughout 2022, and this week Walmart CEO Doug McMillion publicly admitted that double-digit price increases for packaged foods “are going to be with us for a while”.  This is a crisis that isn’t going away, and as you will see below, it appears that things will get even worse in 2023.

But even though I am constantly writing about our deteriorating economic conditions, even I was absolutely stunned by the results of a new survey that was just released

More than two-thirds of Americans are having a hard time affording groceries as food costs continue to soar, according to new data.

Retail technology platform Swiftly reported Wednesday that 69% of shoppers say they are struggling to pay their grocery bills after months of persistently sky-high inflation, and 83% currently rely on some form of coupons or loyalty program to put food on the table, according to its True Cost of a Grocery Shop survey.

If this poll is accurate, that means that almost 70 percent of all Americans are having trouble paying their grocery bills right now.

That is crazy!

Unfortunately, food prices are only going to go higher because global food supplies just keep getting tighter and tighter.

For example, the USDA is projecting that the upcoming orange harvest in Florida will be the smallest since 1943

Orange juice futures squeezed to a near-record high ahead of another US Department of Agriculture’s crop report on Friday that will likely show tight global supplies will persist well into the new year.

USDA’s next report will provide an estimate for Florida’s 2022-23 harvest. Figures will add to October’s downbeat report, which showed that Florida would only produce 28 million boxes (each box is 90 pounds) for the current season, down 32% from the prior year. This season is expected to be the lowest harvest since 1943.

Meanwhile, Fox Business is reporting that our endless national baby formula shortage “keeps getting worse”…

The baby formula shortage keeps getting worse.

One parent from Keystone, Florida, said it’s been “crazy” – especially for parents in need of a popular hypoallergenic and lactose-free formula.

“We have been getting less powder, Nutramigen. So, whatever I have, I’m kind of like, can I just feed him less? But then it’s like, you can’t feed a child less because that’s not fair to them,” mother Ellie Johnston told FOX Business.

On my website, The Economic Collapse Blog, I have been documenting countless other reasons why global food supplies will keep getting tighter in the months ahead.  Make sure to bookmark the site and check it several times a week for the latest updates.

As Americans on the bottom levels of the economic pyramid become increasingly desperate, we are seeing a very alarming spike in retail theft.

During a recent appearance on CNBC, Walmart CEO Doug McMillion was asked about what his stores are seeing

Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday.

“Theft is an issue. It’s higher than what it has historically been,” he told CNBC’s “Squawk Box.”

“We’ve got safety measures, security measures that we’ve put in place by store location. I think local law enforcement being staffed and being a good partner is part of that equation, and that’s normally how we approach it,” McMillon said.

That certainly doesn’t sound good.

And McMillion went on to say that some Walmart stores could eventually be closed if high levels of retail theft persist…

“If that’s not corrected over time, prices will be higher, and/or stores will close,” McMillon said.

I have bad news for him.

This isn’t going to be corrected.

In fact, things are only going to get worse in this country.

For years, I have been warning that food would become such a target for thieves that armed guards would be needed.

Unfortunately, that time has now arrived

A Philadelphia gas station owner fed up with incessant crime threatening his employees and customers hired heavily armed security guards to watch over his business.

Neil Patel, operator of a Karco gas station at Broad and Clearfield streets in North Philadelphia, recruited Pennsylvania S.I.T.E Agents clad with Kevlar vest and AR-15s or shotguns.

In many parts of Philadelphia, the criminals are the ones that are in control, and so that is why this gas station owner feels compelled to hire his own private security force

“They are forcing us to hire the security, high-level security, state level,” Patel told FOX 29. “We are tired of this nonsense; robbery, drug trafficking, hanging around, gangs.”

The final straw for Patel came after he said his business was vandalized by young people and an ATM machine was stolen. His car was also a casualty of crime around the area.

Of course this sort of environment can now be found in major urban areas all over the nation.

Organized retail crime has become a multi-billion dollar business, and if it is far worse this year than it was last year.

In an article that he just posted, Mike Adams did a great job of summarizing where things currently stand…

The key phrase in all this is organized retail crime. This isn’t merely spontaneous, simple shoplifting, it’s a whole new type of large-scale theft where teams of thieves are prepped and coordinated to hit a retail establishment and clean out its most valuable items in seconds. The stolen goods are then sold on Ebay, Amazon and other online marketplaces, or delivered to local buyers in exchange for cash.

According to the National Retail Federation, organized retail crime has skyrocketed by 26.5% in 2022, year over year. It now costs retailers over $100 billion per year in losses.

Our country is starting to come apart at the seams all around us.

I am sorry if that statement offends you, but it is true.

Crime is out of control, predators are roaming the streets, and the population is becoming increasingly desperate as the cost of living spirals out of control.

Sadly, things are only going to get worse during the months that are ahead of us.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

We Are Being Warned That The Global Economy Is Having “One Of Its Worst Years In Three Decades”

Will 2022 go down in history as one of the most important economic turning points that we have ever seen?  All over the planet, economic activity is beginning to decelerate and uncertainty about the future is in the air.  Meanwhile, the cost of living continues to escalate and a very painful energy crisis has begun.  Unless there is some sort of an economic miracle, it appears that 2023 will be a very difficult year, and the long-term outlook beyond next year is even more ominous.  Suddenly, many of the talking heads on television are openly speculating about the hard times that are coming, and the word “recession” is being thrown around quite frequently.

But will we only be dealing with a “recession” in the months ahead, or will it be much worse than that?

At the moment, things are clearly heading in the wrong direction.  The following comes from a Bloomberg article entitled “World Economy Heads for One of Its Worst Years in Three Decades”

The world economy is facing one of its worst years in three decades as the energy shocks unleashed by the war in Ukraine continue to reverberate, according to Bloomberg Economics.

In a new analysis, economist Scott Johnson forecasts growth of just 2.4% in 2023. That’s down from an estimated 3.2% this year and the lowest — excluding the crisis years of 2009 and 2020 — since 1993.

The global economy is more interconnected than ever before, and so pain experienced on one side of the globe is often keenly felt on the other side.

Here in the United States, a huge wave of layoffs has now started.  On Tuesday, yet another major media company announced brutal job cuts

BuzzFeed is axing 12% of its workforce, or around 180 staffers, in a bid to cut costs as the digital media company faces headwinds including an ad-spending pullback and the completion of its integration of Complex Media.

The company informed affected employees via email Tuesday that they were being terminated. “In order for BuzzFeed to weather an economic downturn that I believe will extend well into 2023, we must adapt, invest in our strategy to serve our audience best, and readjust our cost structure,” CEO Jonah Peretti wrote in a memo to employees about the job cuts.

As the housing market crashes, the financial industry is being hit really hard as well.

In fact, it is being reported that approximately 1,600 Morgan Stanley employees will now be looking for new work…

Morgan Stanley cut about 2% of its staff on Tuesday, according to people with knowledge of the layoffs.

The moves, reported first by CNBC, impacted about 1,600 of the company’s 81,567 employees and touched nearly every corner of the global investment bank, said the people, who declined to be identified speaking about terminations.

Speaking of the housing market, we are being told that somewhere around 270,000 recent homebuyers in the U.S. are already underwater on their mortgages.

We haven’t seen anything like this since 2008 and 2009, but this is just the beginning.

If the Federal Reserve insists on hiking interest rates even higher, it won’t be too long before millions of homeowners will be underwater on their mortgages, and that will definitely be a nightmare scenario.

So many families are living on the edge of financial disaster in late 2022.  If you can believe it, approximately 20 million U.S. households are currently behind on their utility bills…

According to the National Energy Assistance Directors Association (NEADA), roughly 20 million households in the U.S. — one out of six homes — are behind on their utility bills.

As of August, these families owe about $16.1 billion in total, with an average amount owed of $788 — and the consequences of this could be dire, especially as home heat costs are expected to reach their highest level in over 10 years.

We are already in a state of economic crisis right now.

But don’t expect the White House to admit that any time soon.

Meanwhile, the cost of living just continues to go higher and higher.  Earlier today, I was stunned to learn that Walmart CEO Doug McMillon is actually admitting that double-digit price increases on packaged foods “are going to be with us for a while”

Walmart (WMT) is the largest retailer in the United States and has a gauge into consumer habits and a wide array of products.

McMillon said that inflation was “most stubborn” on packaged food. Double-digit price increases on these essentials “are going to be with us for a while,” he said.

So we are going to have rapidly rising prices and an imploding economy at the same time.

Yes, 2023 is going to be a whole lot of fun.

At this point, even the mood on Wall Street is shifting.

Stocks were down once again today, and now the S&P 500 has fallen for seven of the last eight trading sessions

The S&P 500 shed 1.44% to close at 3,941.26, while the Nasdaq Composite sank 2% to finish at 11,014.89. The Dow Jones Industrial Average dropped 350.76 points, or 1.03%, to settle at 33,596.34.

Stocks added to Monday’s declines, with the S&P falling for a fourth straight day and its seventh negative session in eight. Tuesday’s moves bring the Dow’s two-day losses to more than 830 points.

Just a few weeks from now, 2022 will mercifully be over.

But if this year has been “one of its worst years in three decades”, what will the global economy look like a year from now?

As I have detailed above, the U.S. economy is really starting to deteriorate quite rapidly.

So how bad will things eventually get?

Let us hope for a “recession”, but let us also prepare for an economic nightmare.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Could 65 Trillion Dollars In “Hidden” Derivatives Cause The Entire Global Financial System To Crash?

If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing down all around us.  Most people just assume that the system is being managed by rational people that behave in rational ways, but of course countless investors assumed the same things about FTX.  Sadly, the global financial system has slowly but surely been transformed into the largest casino in the history of the world.  It is a colossal Ponzi scheme, and once in a while authorities give us a little peek into what is really going on behind the curtain.

For example, this week the Bank for International Settlements released a report that warned that 65 trillion dollars in “hidden” currency derivatives could potentially be a major threat to the stability of the entire system

There’s a hidden risk to the global financial system embedded in the $65 trillion of dollar debt being held by non-US institutions via currency derivatives, according to the Bank for International Settlements.

In a paper with the title “huge, missing and growing,” the BIS said a lack of information is making it harder for policy makers to anticipate the next financial crisis. In particular, they raised concern with the fact that the debt is going unrecorded on balance sheets because of accounting conventions on how to track derivative positions.

Last year, the total value of all goods and services produced in the entire world was just 96 trillion dollars.

So we are talking about an amount of money that is almost unimaginable.

Everything will be okay as long as financial conditions remain relatively stable.

But BIS analysts warn that “the next time dollar funding liquidity is squeezed” we could have an enormous crisis on our hands…

“Off-balance-sheet dollar debt may remain out of sight and out of mind—but only until the next time dollar funding liquidity is squeezed,” the analysts write. “Then, the hidden leverage in pension funds and insurance companies’ portfolios . . . could pose a policy challenge.”

So let’s hope that such a scenario does not materialize any time soon.

According to the BIS report, banks outside the U.S. are particularly vulnerable

For researchers at the BIS, it’s the sheer scale of the swaps that’s worrying. They estimate that banks headquartered outside the US carry $39 trillion of this debt — more than double their on-balance sheet obligations and ten times their capital. Accounting conventions only require derivatives to be booked on a net basis, so the full extent of the cash involved isn’t recorded on a balance sheet.

“There is a staggering volume of off-balance sheet dollar debt that is partly hidden, and FX risk settlement remains stubbornly high,” said Borio, head of the monetary and economic department at the BIS.

When this thing finally implodes, there isn’t going to be enough money in the entire world to fix it all.

But don’t worry.

The “experts” are telling us that everything is fine.

Meanwhile, more of our largest corporations are planning layoffs.  According to the Wall Street Journal, this even includes PepsiCo

PepsiCo is reported laying off headquarter workers, The Wall Street Journal reports.

A person familiar with the matter told the Journal that hundreds of jobs are being cut in the head office of the North American snacks and beverages divisions.

Employees in Purchase, N.Y., Chicago, Ill. and Plano, Tex. are said to be impacted.

I thought that PepsiCo was doing well.

I guess not.

But don’t worry.

The “experts” are telling us that everything is fine.

This week some of the biggest names in the mainstream media have also announced layoffs

Hundreds of media industry staffers were laid off this week during a brutal period that saw Warner Bros. Discovery, Gannett and others slash headcount as economic uncertainty plagues news organizations.

Gannett, a newspaper juggernaut that owns dozens of local media outlets along with USA Today, began its latest round of layoffs on Thursday. The cost-cutting effort impacted roughly 6% of the company’s news workforce of about 3,440 employees.

I can’t remember ever seeing such a wave of layoffs at our largest media companies.

But don’t worry.

The “experts” are telling us that everything is fine.

Of course the truth is that everything is not fine.

Economic conditions are deteriorating all around us, and the ripple effects are being felt everywhere.

According to Fox Business, even Las Vegas is feeling the pain…

Inflation is taking its toll on Sin City as fewer tourists are visiting the gambling Mecca, and those who do spend less than usual, according to a new report.

The University of Las Vegas business school released a report forecasting the city’s economic outlook between 2022 and 2024 and noted that its economy turned grim in June of this year, according to Fox 5.

“Interest rates have gone up. And we know that we know that prices are going up as well. And that’s what the Fed is trying to get their hands around and solve. So it may be that the Fed’s policies is having an effect not only nationally, but it’s also affecting our economy locally,” one of the study’s authors, Professor Stephen Miller, told the outlet.

2008 and 2009 were incredibly difficult years for Las Vegas.

Now those that run businesses in Sin City are bracing for another extended downturn.

In all my years of writing, I have never been more concerned about the short-term economic outlook them I am right now.

It is very likely that 2023 will be a really hard year for the U.S. economy, and of course this comes at a time when the entire globe is being hit by crisis after crisis.

For ages we have been warned that a day of reckoning would eventually be coming, and now it appears that day of reckoning has already arrived.

There is certainly nothing wrong with hoping for the best.  But there is also wisdom in getting prepared for the worst.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

Gloomy December: Manufacturing Orders From China Are Down 40 Percent As Companies Brace For A Brutal Holiday Season

We continue to get more evidence that the U.S. economy is really slowing down.  As you will see below, the amount of stuff that we are ordering from manufacturers in China is plunging dramatically.  I have never seen a dip of this magnitude before, and I think that it is a really bad sign for 2023.  Based on all of the economic numbers that have been released in recent weeks, I anticipate that economic conditions in 2023 and beyond will be worse than anything that we have experienced since the Great Recession.  So I would encourage you to enjoy the next few weeks while you still can, because once 2023 arrives we will want to brace ourselves for an extremely harsh economic environment.

Normally, U.S. consumers have an insatiable appetite for cheap plastic goods from China.

But now something has changed.

According to CNBC, manufacturing orders from China have fallen by a whopping 40 percent, and as a result many Chinese factories will be closing much earlier in January than usual…

U.S. manufacturing orders in China are down 40 percent, according to the latest CNBC Supply Chain Heat Map data. As a result of the decrease in orders, Worldwide Logistics tells CNBC it is expecting Chinese factories to shut down two weeks earlier than usual for the Chinese Lunar New Year — Chinese New Year’s Eve falls on Jan. 21 next year. The seven days after the holiday are considered a national holiday.

“Many of the manufacturers will be closed in early January for the holiday, which is much earlier than last year,” Monaghan said.

As with so many other numbers that we have been getting lately, there is no way to possibly spin this to make it look good.

What we are facing is truly “a collapse in demand”, and as a result container freight rates are absolutely plummeting…

Carriers have been executing on an active capacity management strategy by announcing more blank sailings and suspending services to balance supply with demand. “The unrelenting decline in container freight rates from Asia, caused by a collapse in demand, is compelling ocean carriers to blank more sailings than ever before as vessel utilization hits new lows,” said Joe Monaghan, CEO of Worldwide Logistics Group.

The bottom line is that U.S. consumers are simply not buying as much stuff as retailers originally anticipated.

And survey after survey has shown that Americans plan to spend less during the holiday season this year.  Here is just one recent example

Inflation is weighing heavily on the holidays this year.

Roughly half of shoppers will buy fewer things due to higher prices, and more than one-third said they will rely on coupons to cut down on the cost, according to a recent survey of more than 1,000 adults by RetailMeNot.

Of course consumers over in western Europe are suffering right now as well.

In fact, economic conditions are deteriorating even faster over there.

If you can believe it, one recent survey found that approximately two-thirds of all adults in the UK “are worried that they will not be able to afford Christmas dinner”

Two-thirds of adults are worried that they will not be able to afford Christmas dinner, according to a survey.

The survey, commissioned by the Salvation Army, calculated the cost of Christmas dinner at £7.50 per head but – as the price of food is continuing to rise – the cost has increased since the survey was carried out on 22 October.

All over the western world, we are facing an unprecedented cost of living crisis.

Inflation has been rising much faster than our paychecks have, and that is causing a tremendous amount of financial pain.

Meanwhile, a lot of people have seen the value of their investments go down substantially over the past 12 months.

I really feel badly for those that were heavily invested in crypto.  There are many tokens that have “lost more than 70% of their value”, and the collapse of FTX has raised questions “about whether crypto has a future”

Already reeling from the so-called crypto winter, investors were dealt a major blow with the high-profile collapse of Sam Bankman-Fried’s FTX exchange in early November, which sent Bitcoin tumbling. To top it off, BlackRock Chief Executive Larry Fink said this week that he expects most crypto companies will fold after FTX’s demise. A Schwab index tracking crypto-linked stocks is coming off its worst month since June, and is down 63% this year.

“Questions about whether crypto has a future have become prevalent after a year during which many tokens lost more than 70% of their value and the collapse of FTX has exacerbated a crisis of confidence that had started in the spring,” said Mark Palmer, an analyst at BTIG LLC.

At the same time, home values have been falling and falling.

As I have covered in previous articles, U.S. homeowners lost a record high 1.3 trillion dollars in home equity during the third quarter alone.

But at least the latest employment number that the government gave us was good, right?

Actually, it wasn’t so good.  It turns out that the Household and Establishment surveys are telling two completely different stories.  Zero Hedge has posted an absolutely outstanding article that breaks this down in great detail…

Recall that back in AugustSeptember, and October we showed that a stark divergence had opened between the Household and Establishment surveys that comprise the monthly jobs report, and since March the former has been stagnant while the latter has been rising every single month. In addition to that, full-time jobs were plunging while part-time jobs were surging and the number of multiple-jobholders soared.

Fast forward to today when the inconsistencies not only continue to grow, but have become  downright grotesque.

I would encourage you to read the entire article.  Since March, the gap between the Household and Establishment surveys has ballooned to nearly 2.7 million workers, and some are suggesting that this is being done for political purposes…

What is even more perplexing, is that despite the continued rise in nonfarm payrolls, the Household survey continues to telegraph growing weakness, and as of Nov 30, the gap that opened in March has since grown to a whopping 2.7 million “workers” which may or may not exist anywhere besides the spreadsheet model of some BLS (or is that BLM) political activist.

Of course the truth is that the employment market is not in good shape.

According to Challenger, Gray & Christmas, the number of layoffs in November 2022 was 417 percent higher than it was in November 2021.

A tsunami of layoffs has begun, and I expect to see a whole lot more in the months ahead.

So it is quite likely that this will be a really gloomy month, but I expect that 2023 will be even gloomier.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The Numbers Are Screaming That A Giant Tsunami Of U.S. Layoffs Has Now Begun

We knew that economic conditions were deteriorating, but this is getting ridiculous.  According to Challenger, Gray & Christmas, the number of layoffs in November was 127 percent higher than it was in October.  That isn’t just a trend, that is an avalanche.  And compared to the same month in 2021, the number of layoffs in November was 417 percent higher.  Please take a moment and let that figure sink in.  A 417 percent increase is a colossal shift.  Essentially, these numbers are telling us that a giant tsunami of U.S. layoffs has now begun, and I believe that things will get even worse in 2023 and beyond.  Our leaders have pursued policies that have been extremely destructive to the U.S. economy, and many of us have been warning that a day of reckoning would arrive.  Well, it appears that a day of reckoning for America’s workers is now here, and the months ahead are not going to be pretty.

There is no way to spin these numbers to make them look good.  Major layoff announcements are popping up in the news every single day, and what we have witnessed over the past several weeks is nothing short of staggering

The pace of job cuts by U.S. employers accelerated in November, with the number of layoffs climbing 127% from just one month ago, according to a report published on Thursday by Challenger, Gray & Christmas.

Companies announced 76,835 job cuts in November, led by the technology sector, the analysis showed. That is 417% higher than the same time one year ago.

And these numbers don’t even include the latest layoffs that have just happened.

As our new housing crash continues to accelerate, Wells Fargo has decided that now is the time to lay off “hundreds more mortgage employees”

Wells Fargo & Co. cut hundreds more mortgage employees Thursday, the latest in a series of reductions across the industry after higher interest rates brought the pandemic-era home-lending boom to halt.

The reductions took place across the country, according to people familiar with the plans, who asked not to be identified discussing private information. The latest wave comes amid ongoing Federal Reserve rate hikes to tame persistent inflation, pushing mortgage rates toward their highest levels in two decades. Refinancings have dried up and some potential homebuyers have been sidelined in the process.

Normally, big companies would be compassionate enough to at least wait until after the holiday season to let people go.

But now times have changed and a lot of these large firms are really feeling a sense of urgency to reduce payrolls.

Shockingly, that even includes FedEx

FedEx Freight, the nation’s largest less-than-truckload carrier, will begin furloughing an undetermined number of drivers on Sunday, the FedEx Corp. unit confirmed Wednesday.

The voluntary furloughs will run until March 6, with drivers getting a guarantee to return to work, the unit confirmed.

FedEx Freight is offering drivers a $300 weekly incentive to accept a furlough. The total payments will be made when the drivers return to work, according to the FedEx unit.

Have you ever heard of FedEx getting rid of workers prior to the holidays before?

I haven’t either.

This is nuts.

If we are seeing this many layoffs now, what will things look like once the holidays are over?

At this point, even the Federal Reserve is admitting that more layoffs are coming.  In fact, Fed officials are now estimating that about a million Americans will lose their jobs by the end of 2023

Updated projections from the Fed’s meeting showed unemployment rising to 4.4% by the end of next year, up from the current rate of 3.5%. That is significantly higher than in June when policymakers saw the jobless rate inching up to 3.7%. That could mean roughly 1 million Americans lose their jobs between now and the end of 2023.

Of course Fed projections are almost always way too optimistic.

If Fed projections were accurate, we would still be in a low inflation environment right now.

Let’s be honest.  If we get to next December and only a million Americans have lost their jobs, we should have a massive national celebration because that would definitely represent the sort of “soft landing” that Jerome Powell has been hoping for.

Needless to say, that sort of wildly optimistic scenario is not likely to play out.

As I discussed a few days ago, 41 percent of all small business owners in America could not pay rent in the month of November.

When more than four out of every 10 small businesses cannot even pay rent, your economy is in serious trouble.

I warned that we would soon be facing a severe downturn if the Fed kept aggressively hiking interest rates, and many others issued similar warnings.

But the Fed didn’t listen to any of us.

In fact, Fed officials keep telling us that rates are going to go even higher.

So what will their excuse be when the economy completely crashes?

Just like SBF, perhaps they will tell us that they are “deeply sorry about what happened”.

But will the millions of Americans that will soon lose their jobs be in any mood to accept such apologies?

Losing a good paying job that you absolutely love can be absolutely devastating.

Sadly, countless Americans are going to have to endure the sudden loss of a job in the months ahead, and no amount of babbling from our leaders will make the pain go away.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”“Lost Prophecies Of The Future Of America”“The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.