Goodbye Middle Class: Half Of All American Workers Made Less Than $34,248.45 Last Year

If you are making less than $3,000 a month, you have plenty of company, because about half of the country is in the exact same boat.  The Social Security Administration just released new wage statistics for 2019, and they are pretty startling.  To me, the most alarming thing in the entire report is the fact that the median yearly wage was just $34,248.45 last year.  In other words, half of all American workers made less than $34,248.45 in 2019, and half of all American workers made more than $34,248.45.  That isn’t a whole lot of money.  In fact, when you divide $34,248.45 by 12 you get just $2,854.05.  Needless to say, it is not easy to survive in America today on just $2,854.05 a month, and this may help to explain why we have been seeing so many people fall out of the middle class in recent years. (Read More...)

More than half of all Americans “plan to stockpile food and other essentials” for the chaotic months ahead

There was a time when preppers were relentlessly mocked, but nobody is laughing now.  Today, most Americans are thinking about stockpiling food, and this massive shift in our national mindset has been sparked by concern about what is going to happen in the months ahead.  Many Americans believe that another wave of the coronavirus pandemic is coming, others believe that our ongoing economic depression will get even deeper, and yet others are convinced that the upcoming election could produce widespread violence.  Of course there have always been people that have been deeply alarmed about future events, but we have never seen anything quite like this.  In fact, a brand new survey has found that over half of all Americans are currently planning “to stockpile food and other essentials”… (Read More...)

The number of Americans that have filed for unemployment benefits in 2020 exceeds the number that voted for Trump in 2016

I am not trying to make a political statement with this article.  I am simply pointing out that the number of Americans that have filed initial claims for unemployment benefits in 2020 is almost unimaginable.  In 2016, a total of 62,984,828 votes were cast for Donald Trump.  Here in 2020, a total of 63,600,000 million Americans have filed new claims for unemployment benefits since the middle of March.  So the number of Americans that have filed for unemployment during this pandemic is now greater than the number of Trump voters in the last election.  Of course if Hillary Clinton had won in 2016, we would be saying the exact same thing about her in a couple of weeks.  Back in 2016, she received a grand total of 65,853,514 votes.  The point is not to assign political blame to one side or the other, because neither side knew that COVID-19 was coming.  Rather, I am trying to get my readers to understand that we have witnessed a collapse in employment during this pandemic that is absolutely unprecedented. (Read More...)

The stage has been set for a historic national meltdown…

Everything that has happened in 2020 so far has set us up for a grand finale that none of us will ever forget.  This year we have already witnessed the worst public health crisis in about a hundred years, widespread lockdowns all over the nation, a crippling economic collapse and civil unrest in major cities across America.  To say that the American people are in a bad mood would be a major understatement.  Now we are less than a month away from a bitterly contested presidential election, and as you will see below, one survey recently found that a majority of Americans are expecting violence.  That is extremely unfortunate, but these are the times in which we live.  Our country is literally falling apart all around us, and nobody seems to have a way to stop it from happening. (Read More...)

Survey finds that one out of every five Americans could be out of money “by Election Day”

This week we learned that there won’t be any more stimulus checks for the American people before the election, and that prompted tremendous eruptions of anger all over social media.  At first I didn’t understand why people were so angry, but now I do.  It turns out that a substantial portion of the population is desperate for another round of checks because they are almost entirely out of cash.  In fact, a very alarming survey that was just conducted found that one out of every five Americans “could be out of money by Election Day”… (Read More...)

20 things that you must believe in order to convince yourself that everything is going to turn out okay somehow

Despite everything that we have already been through in 2020, the dominant narrative in our society right now is that everything is going to be just fine once we get past our temporary problems.  So many people that I hear from can’t understand why I am so “negative” about the future, because they are completely convinced that really great days are just around the corner.  As odd as this may sound, we are seeing this sort of wild optimism among both Democrats and Republicans, Christians and atheists, capitalists and communists.  Of course about half the country will have their optimistic hopes for the future brutally crushed by the results of the upcoming election, but we aren’t there yet.  For now, both sides are absolutely convinced that they are going to win, and both sides are envisioning a wonderful new era for our nation in which their values reign triumphant. (Read More...)

Now we can add “a major war” to the list of things that have happened in 2020

While almost everyone’s attention was diverted, a major war erupted on the other side of the world.  It has been more than a week since Azerbaijan launched their invasion of Nagorno-Karabakh, although the mainstream media in the western world will never use the word “invasion” to describe what is happening.  At most, they will use terms such as “attack” or “offensive”, but without a doubt what is taking place is an invasion.  The population of Nagorno-Karabakh is primarily made up of Armenians, and the region has been self-governing since separatists won an extremely violent war against Azerbaijan in 1994 in which tens of thousands of people died.  Now Azerbaijan is attempting to reassert control over Nagorno-Karabakh, and neighboring Armenia has stepped up to help defend Nagorno-Karabakh.  Unfortunately, this could easily escalate into a much wider war.  Russia has a defense pact with Armenia and a military base inside their territory, Iran has threatened to get involved in the conflict, and Turkey has already sent proxy forces into the region to aid the offensive by Azerbaijan. (Read More...)

15 Signs That America’s Economic Depression Is Accelerating As We Head Toward The Holiday Season

Hardly anyone expected that things would get this bad in 2020.  Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically.  U.S. GDP was down 31.4 percent during the second quarter of 2020, and that was a drop without parallel in all of U.S. history.  In fact, that decline was more than three times as large as the previous record.  But eventually states started to “reopen” their economies, and U.S. GDP for the third quarter is expected to show a significant rebound when the numbers are finally released.  Of course we still aren’t even close to where we used to be, but at least things weren’t as bad as they were in the second quarter.  But now as the fourth quarter begins, it appears that economic conditions are heading back in the wrong direction again.  The following are 15 signs that America’s economic depression is accelerating as we head toward the holiday season… (Read More...)

+ More