For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now

What do you do when you have lost all hope that things will ever turn around?  It may still feel like “the economy is booming” for those at the top end of the economic food chain in big coastal cities such as New York and San Francisco, but for millions of hard working Americans in the middle of the country, talk of a “coming recession” is absolutely ludicrous because it already feels like a severe economic depression is happening right now.  In America’s heartland, bankruptcies are surging, debt burdens are becoming overwhelming, and suicide rates are spiking to unprecedented levels.  We have not seen economic despair this extreme since the last recession, and I am about to share a story with you that will absolutely break your heart.

At one time, South Dakota farmers Chris and Amber Dykshorn looked toward the future with great optimism.  But mounting debts and several years of disastrous weather changed all that, and in June their community was shocked when Chris took his own life

Amber Dykshorn stood at her kitchen window and watched the storm come in.

It was a very dark Saturday night in the middle of the summer in the middle of a year that is on track to be the wettest in more than a century. The wind blew over the farm, the rain came down and she heard the ominous pings on her roof – pea-sized hail, striking the still-fragile stalks of the only corn her husband, Chris Dykshorn, was able to plant before he took his own life in June.

Chris had lost all hope.

The couple was absolutely drowning in debt, and they desperately needed a good year just to keep the farm going.

But then the rain just kept on coming, and now Amber has to deal with three young kids and $300,000 in farm debt all by herself

Did their crop insurance cover hail damage? She had no idea. That was something Chris would have taken care of, if he were here. Instead she was alone, with nearly $300,000 in farm debt, three kids ages 5 to 13 and a host of grief-fueled questions. Why hadn’t she been able to save him? What would happen to them now?

Sadly, the Dykshorns are not an isolated case.

All across the Midwest, farms are going under at a staggering rate.  According to the vice president of the National Farmers Union, the state of Wisconsin is “losing two farms a day” at this point…

“You look at the weather, you look at the crops you can’t get off the field, you look at the bills you can’t pay,” Patty Edelburg, vice president of the National Farmers Union, told Yahoo Finance. “Bankruptcies are up. Wisconsin is attributed as the No. 1 bankruptcy in the nation right now, when it comes to dairy farmers. That number is up, I think, 24% from last year already. We’re losing two farms a day.”

If you can believe it, the state of Wisconsin “lost almost 1,200 dairy farms” between 2016 and 2018.

Overall, the number of dairy farms in the state has fallen by 49 percent during the last 15 years.

Just think about that.

Half of all the dairy farms in our most important dairy producing state are completely gone.

And instead of tapering off, this “farm apocalypse” just continues to pick up speed.  Sadly, the bankers are contributing to this crisis in a major way by denying loans to many of these troubled farmers

“Farming is such a stressful occupation by itself,” Edelburg said. “When you start adding financial stress on top of it, it’s just going to add more stress. Farmers can’t pay their bills, they have no extra money, they have people honing down their neck looking to pay bills. They’re going to banks and they can’t get loans. They’re literally being denied loans.”

When you are already drowning in debt and your crops are failing and the banks won’t give you any more money, it can seem like there is no way out.

This is the position that Chris Dykshorn found himself in, and we can get an idea of what his emotional state was like just before he committed suicide from the final texts that he sent to his wife

“I’m struggling so bad today. I don’t know what to do anymore,” he texted on May 31. “I seriously don’t know how we r gonna make it.”

On June 1: “I just want to sit in the house and cry.”

And then: “What am I supposed to do. I am failing and feel like I’m gonna lose everything I’ve worked for the past how many years.”

As I have stressed over and over, suicide is never the answer.  But when someone loses all hope that there will ever be an opportunity to turn things around, it can be very difficult to keep going.

Meanwhile, money is flowing like wine on Wall Street thanks to the Federal Reserve.  The unelected Fed has been pumping billions upon billions of dollars into the financial markets, and this has resulted in a higher concentration of wealth among the top one percent than ever before.  The following comes from Bloomberg

The top 1% of American households have enjoyed huge returns in the stock market in the past decade, to the point that they now control more than half of the equity in U.S. public and private companies, according to data from the Federal Reserve. Those fat portfolios have America’s elite gobbling up an ever-bigger piece of the pie.

The very richest had assets of about $35.4 trillion in the second quarter, or just shy of the $36.9 trillion held by the tens of millions of people who make up the 50th percentile to the 90th percentile of Americans — much of the middle and upper-middle classes.

In essence, Wall Street is being showered by “welfare money” from the Federal Reserve, and nobody is holding the Fed accountable.

At the same time, tens of millions of American families are working low paying jobs and are just barely getting by from month to month.  The following comes from Zero Hedge

For instance, a new report sheds light on 53 million Americans, or about 44% of all US workers, aged 18 to 64, are considered low-wage and low-skilled.

Many of these folks are stuck in the gig economy, making approximately $10.22 per hour, and they bring home less than $20,000 per year, according to a Brookings Institution report.

Today, half of all American workers make less than $33,000 a year.  As the cost of living continues to rise much faster than wages do, hard working Americans are increasingly turning to debt in order to make ends meet, and during the next recession many families will not be able to service those debts.

All over the nation, we are watching a tragedy play out in slow motion.

America’s heartland is being gutted, and the “next recession” hasn’t even officially started yet.  But soon enough it will, and the deep depression that we are already witnessing in many parts of the middle of the country will get a lot worse.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep. My name is Michael Snyder and I am the publisher of The Economic Collapse Blog, End 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 have written four books that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned) By purchasing those books you help to support my work. I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I need those that republish my articles to include this “About the Author” section with each article. In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished. This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate. 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. Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished. 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 a great help.

Goodbye Middle Class: 50 Percent Of American Workers Make Less Than 33,000 Dollars A Year

The truth is that most American families are deeply struggling, but you hardly ever hear this from the mainstream media.  Yes, about 10 percent of all American workers are making $100,000 or more a year, but most of those high paying jobs are concentrated in the major cities along the east and west coasts.  For much of the rest of the country, these are very challenging times as the cost of living soars but their paychecks do not.  According to the Social Security Administration, the median income in the United States last year was just $32,838.05.  In other words, 50 percent of American workers made more than $32,838.05 and 50 percent of American workers made less than $32,838.05 in 2018.  Let’s be generous and round that number up to $33,000, and when you break it down on a monthly basis it comes to just $2,750 a month.  Of course nobody can support a middle class lifestyle for a family of four on $2,750 a month before taxes, and so in most families more than one person is working these days.  In fact, in many families today more than one person is working multiple jobs in a desperate attempt to make ends meet, and it still is often not quite enough.

If you want to look at the Social Security wage statistics for yourself, you can find them right here.  As you will see, I am not making these numbers up.

These days many would have us feel bad if we are not making at least $100,000 a year, but according to the report only about 10 percent of all American workers make that much money.

Instead, most Americans are in what I would call “the barely getting by” category.  Here are some key facts that I pulled out of the report…

-33 percent of all American workers made less than $20,000 last year.

-46 percent of all American workers made less than $30,000 last year.

-58 percent of all American workers made less than $40,000 last year.

-67 percent of all American workers made less than $50,000 last year.

That means that approximately two-thirds of all American workers are making $4,000 or less a month before taxes.

Ouch.

But these numbers help us to understand why survey after survey has shown that most Americans are living paycheck to paycheck.  After paying the bills, there just isn’t much money left for most of us.

And for an increasing number of Americans, even paying the bills has become exceedingly difficult.  In fact, a brand new report from UBS says that 44 percent of all U.S. consumers “don’t make enough money to cover their expenses”…

Low-income consumers are struggling to make ends meet despite the “greatest economy ever,” and if a recession strikes or the employment cycle continues to decelerate — this could mean the average American with insurmountable debts will likely fall behind on their debt servicing payments, according to a UBS report, first reported by Bloomberg.

UBS analyst Matthew Mish wrote in a recent report that 44% of consumers don’t make enough money to cover their expenses.

That means that about half the country is flat broke and struggling just to survive financially.

Of course those at the top of the economic food chain often don’t have a lot of sympathy for those that are hurting.  Many of them have the attitude that those that are struggling should just go out and get one of the “good jobs” that the mainstream media is endlessly touting.

But most jobs in the United States are not “good jobs”.

Today, the poverty level for a household of four in the United States is $25,750.  More than 40 percent of the workers in this country make less than that each year.

Starting a business is always an option, but that takes money, and thanks to government regulations it is harder than ever to run a small business successfully.

Just look at what is happening to our dairy farmers.  There are few occupations that are more quintessentially “American” than being a dairy farmer, and since most people drink milk and eat cheese, you would think that it would be a pretty safe profession.

But instead, dairy farms are shutting down at a pace that is absolutely chilling all over the nation.  For example, just check out what has been going on in Wisconsin

Wisconsin lost another 42 dairy farms in July, and since January 1, has lost 491 farms, reports the Wisconsin Department of Agriculture, Trade and Consumer Protection.

At this rate, the Dairy State could lose 735 dairy farms this year, which would be a decline of 9%. In 2018, the state lost 691 farms, a rate of decline of 7.9%.

Over the last decade the state has lost more than 5,000 farms, or 40% of its licensed dairy farms. To state the obvious, the current rate of exits is more than double that of the last decade.

So why is this happening?

Government.

In profession after profession, government control freaks have made it nearly impossible to make a living, and this has pushed the percentage of Americans that are self-employed to historic lows.

If you are struggling right now, I want you to know that you are not alone.  There are tens of millions of other Americans that are really hurting in this economy, and the bad news is that economic conditions will soon get a lot worse.

But you can make it through whatever is ahead.  You just have to keep believing.

A lot of people accuse me of spreading “doom and gloom”, but that is not true at all.  There is hope in understand what is happening, and there is hope in getting prepared for the hard times that are ahead.  When you take steps to prepare, you are telling yourself and everyone around you that you believe that you can make it through the storm that is coming.

Or you could just have blind faith in the system, even though it is exceedingly obvious that the system is crumbling all around us.  Those that are blindly trusting the system to take care of them are building their dreams on a foundation of sand, and when the waves come crashing in those dreams are going to get washed away very quickly.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep.  I am the publisher of The Economic Collapse Blog, End 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 have written four books that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters.  (#CommissionsEarned)  By purchasing those books you help to support my work.  I always freely and happily allow others to republish my articles on their own websites, but due to government regulations I can only allow this to happen if this “About the Author” section is included with each article.  In order to comply with those government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished.  This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate.  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.  Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of the websites where my work is republished.  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 a great help.

40 Million Americans Already Don’t Have Enough Food To Eat – And Here Is Why It Will Soon Get A Lot Worse

The things that I am going to share with you in this article are definitely very alarming.  But if you live in a wealthy neighborhood and are always surrounded by other wealthy individuals that never have to worry about missing a meal, then some of the numbers in this article may not ring true to you.  Today, the gap between the wealthy and the poor in the United States is larger than ever, and many wealthy Americans don’t have too much sympathy for the struggles that other people are going through.  But the truth is that most Americans are currently living paycheck to paycheck.  And when you are living right on the edge financially, there are times when it can be really tough to even afford the basic necessities.  If you have never had to miss a meal involuntarily, good for you.  Unfortunately, there are millions upon millions of Americans for which hunger is a very real problem.

If you had to guess, what would you say if someone asked you how many Americans struggle with food insecurity each year?

According to a CBS News article that was published a few months ago, “roughly 4o million people” struggle with not having enough food to eat…

The U.S. economy is enjoying nearly a decade of expansion since the Great Recession. Yet food insecurity — a lack of money or resources to secure enough to eat — still grips almost one in eight Americans. That’s roughly 40 million people. While slowly improving, that figure remains stubbornly higher than before the recession, when more than one in 10 U.S. residents had difficulty knowing when and how they might eat next, according to data from the U.S. Department of Agriculture.

Hungry people live in every county in America, according to the latest annual research from nonprofit relief organization Feeding America. It compiled federal and other data for 2017, its ninth year examining the issue, for a report called Map the Meal Gap. Feeding America serves 4 billion meals each year for one in eight Americans through 200 food banks and 60,000 meal programs and pantries.

We should be incredibly thankful for Feeding America and their vast network of food banks and pantries, but what happens when the need for food dramatically escalates and the food banks start running empty?

Just a few days ago I heard from a good friend in the middle of the country, and she told me that her local food bank is really pressing hard for donations right now because things are starting to get really, really right.

And we haven’t even officially entered the next recession yet.

Normally there wouldn’t be too much reason for concern, but this has definitely not been a normal year.  Crops have been failing across the globe, and African swine fever is killing millions upon millions of pigs all over the planet.

In fact, thanks to the horrific outbreak of African swine fever in China, pork prices over there are 69.3 percent higher than they were a year ago…

Pork prices in China jumped 69.3% in September from a year ago as the country continued to battle a shortage of the meat that followed an outbreak of African swine fever.

Last month’s surge in pork prices was higher compared to the 46.7% increase seen in August, according to data from China’s National Bureau of Statistics. That pushed up food prices in China by 11.2% in September, accelerating from the previous month’s 10% gain.

If that sounds really bad to you, that is because it is really bad.

And what we have witnessed so far is just the beginning.

One of the big reasons why the Chinese just agreed to buy billions of dollars worth of our agricultural products is because they have a desperate need for them.

Here in the United States, food prices have also been rising steadily and we were already going to be facing one of the worst years for Midwest farmers ever, and now an unprecedented October blizzard is going to cause widespread crop failures.

An absolutely massive storm just dumped very deep snow from Colorado to Minnesota, and it hit just as farmers were getting ready to harvest their corn and soybeans.

As I noted in a different article that I just posted, one lawmaker in North Dakota is telling the press that we should expect “massive crop losses – as devastating as we’ve ever seen”.

Millions of acres of corn and soybeans are going to be “a total loss”, and that means that all of us will soon be facing higher food prices at the supermarket.

If you are independently wealthy and food prices don’t really matter to you, then you are in good shape.

But for the rest of us, these higher prices are going to be quite painful.  I would encourage you to stock up ahead of time (#ad) while you still can.

Earlier this year, I extensively documented the major problems that farmers in the Midwest were having with rain and flooding, and I warned that we were potentially facing a disastrous harvest season.

Well, now that this historic blizzard has wiped out millions of acres of crops, we are potentially facing a scenario that is far worse than anything that I originally warned about.

That means that soon far more than 40 million Americans will be dealing with food insecurity.  Much higher prices at the grocery store will make it much more difficult for most of us to afford the basic necessities, and those on the bottom rungs of the economic pyramid will suffer more than anyone else.

About the Author: I am a voice crying out for change in a society that generally seems content to stay asleep.  I am the publisher of The Economic Collapse Blog, End 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 have written four books that are available on Amazon.com including The Beginning Of The End, Get Prepared Now, and Living A Life That Really Matters.  (#CommissionsEarned)  By purchasing those books you help to support my work.  I always freely and happily allow others to republish my articles in written form on their own websites as long as this “About the Author” section is included.  In order to comply with government regulations, I need to tell you that the controversial opinions in this article are mine alone and do not necessarily reflect the views of the websites where my work is republished.  This article may contain opinions on political matters, but it is not intended to promote the candidacy of any particular political candidate.  You can follow me on social media on Facebook and Twitter.  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.  Those responding to this article by making comments are solely responsible for their viewpoints, and those viewpoints do not necessarily represent the viewpoints of Michael Snyder or the operators of this website.

 

“I don’t know how I can maintain this face of joy and warmth when I have to go home and forage for food in other people’s garbage”

Despite all the bragging that the mainstream media is constantly doing about the U.S. economy, the truth is that most Americans are deeply struggling right now.  59 percent of us are living paycheck to paycheck, and nearly 50 million Americans are living in poverty.  Sadly, most of those that are living in poverty actually come from a home where at least one person is currently employed.  Millions upon millions of Americans are working as hard as they can, but it simply is not enough to pull them above the poverty line, and it is a very serious national crisis.  Even though employment levels have been relatively stable for the last couple of years, the middle class has continued to disintegrate, and the ranks of the homeless have continued to grow.  Every year the cost of living rises faster than wages are growing, and as a result more U.S. families are being booted out of the middle class on a continual basis.  Many Americans are working two or three jobs in a desperate attempt to make ends meet, but often that isn’t even enough.  And if things are this bad right now, what will things look like once we get deep into the next recession?

Abigail Disney is the granddaughter of the late Roy Disney, and she is exceedingly wealthy, but she does not have any active role with the company her father founded today.

Recently, she heard that employees at Disneyland were having a really rough time making ends meet, and so “she went to Disneyland to see it for herself”

Abigail Disney told the Yahoo News show “Through Her Eyes” that a worker sent her a Facebook message expressing how tragic being employed at the Magic Kingdom has become. So she went to Disneyland to see it for herself.

“Every single one of these people I talked to were saying, ‘I don’t know how I can maintain this face of joy and warmth when I have to go home and forage for food in other people’s garbage,’” Disney, 59, told Yahoo News host and human rights activist Zainab Salbi in an interview posted Monday.

Could you imagine Mickey Mouse and Snow White foraging for food in the dumpster behind an apartment building after a full day of entertaining children?

Apparently this sort of thing is actually happening, and a recent survey of Disney employees discovered that 73 percent of them didn’t make enough money “to pay for basic expenses each month”…

A 2018 survey conducted by on behalf of a group of unions found that nearly three-quarters of full- and part-time employees (73%) said that they didn’t earn enough money working at Disneyland Resort to pay for basic expenses each month. More than half were worried about being evicted, and about one-tenth reported being homeless in the previous two years.

But actually the truth is that the average Disney employee is better off than the average American worker.

Today, the median yearly salary of a Disney employee is $46,127.

According to the Social Security Administration, 50 percent of all American workers make less than $30,533 a year.

Of course the cost of living is much higher in southern California than it is in most of the rest of the nation, and so that must be factored in as well.

Ultimately, anyone that is making less than $50,000 a year is likely to be struggling in this economy, because you simply cannot support a middle class lifestyle for a family of four or more on $50,000 a year at this point.

What makes things so much worse is the fact that most of us are absolutely drowning in debt.  Today, U.S. consumers are nearly 14 trillion dollars in debt, and many of us have already signed up for a lifetime of debt payments before we even leave school.

For example, I recently read about one woman that still owed nearly half a million dollars on her student loans…

Elisha Bokman has been out of school for eight years. Still, her student loan balance is half a million dollars.

Today, for her doctorate degree in naturopathic medicine and master’s in acupuncture from Bastyr University, she owes $499,322.69.

She and her husband struggled to buy a house because of her debt. Eventually, the financial stress led them to a divorce.

Not even bankruptcy will erase those loans, and they will haunt her for decades to come.

Millions upon millions of Americans are silently suffering as they wrestle with their desperate financial circumstances, and this is happening while things are still relatively good.

But now we are heading into a new economic downturn, and much of the country can see what is happening

Middle-class Americans are less optimistic about their economic prospects than they were just six months ago, according to a new report from CUNA Mutual Group.

Although the majority of those polled said they feel relatively stable overall, they graded their chances of achieving the American dream as a “C,” down from a “B-minus” in the fall, the insurance provider found. Close to half were increasingly concerned about an upcoming recession.

Economic conditions are not going to get any better than they are right now, and what we are heading for is going to be very painful.

I can definitely understand that people are very frustrated that they cannot make a decent living even though they are working extremely hard, but how much more frustrated will they be when they don’t have any jobs at all?

For decades we have been painting ourselves into a corner, and we have wrecked the great economic machine that was handed down to us by previous generations.

Now a day of reckoning is at hand, and it will eventually result in the greatest economic temper tantrum that our nation has ever seen.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

When President Trump Was Asked About The Epidemic Of Human Feces On Our Streets, Here Is How He Responded…

If you go visit Japan, I guarantee that you won’t see a single person defecating on the sidewalk.  It just doesn’t happen over there, or in most other highly civilized nations on the planet.  But here in the United States, we have such a problem with human waste on our city streets that even the president of the United States is talking about it on national television.  President Trump has been known to comment on the deplorable conditions in other nations from time to time, but during an interview on Monday night Fox host Tucker Carlson asked Trump about the horrific conditions in some of our own cities.  In particular, Carlson noted that unlike New York and Los Angeles, there is “no one going to the bathroom on the streets” in Japan

Trump sat for an interview with Tucker Carlson during his trip to South Korea over the weekend. The Fox News host observed that cities in Japan, host of the Group of 20 summit, had “no graffiti” and “no one going to the bathroom on the streets,” and said New York City and Los Angeles had a “major problem with filth.”

In response, President Trump blamed the liberals that are running those big cities for the current conditions, and he described what some homeless people are going through as “living in hell”

The president described cities in a dire state, claiming police officers are “getting sick just by walking the beat,” and some people are “living in hell.”

Some people may be tempted to think that Trump was exaggerating, but the truth is that conditions on the streets of some of our major cities just continue to deteriorate at a very rapid pace.

For example, just consider the following excerpt from a Los Angeles Times article that was published about a month ago

I’ve seen so many rats the last two weeks in downtown Los Angeles, I have to suspect they’re plotting a takeover of City Hall, which vermin infiltrated last year.

The city of Los Angeles has become a giant trash receptacle. It used to be that illegal dumpers were a little more discreet, tossing their refuse in fields and gullies and remote outposts.

Now city streets are treated like dumpsters, or even toilets — on Thursday, the 1600 block of Santee Street was cordoned off after someone dumped a fat load of poop in the street. I’m not sure when any of this became the norm, but it must have something to do with the knowledge that you can get away with it.

Of course similar things could be said about Seattle, Portland, Denver or just about any major city out west.

When authorities cleaned up the homeless camps that had popped up on a two mile stretch along a bike trail in Orange County last year, this is what they hauled away

  • 404 tons of debris
  • 13,950 needles (approximate number based on what disposal containers hold)
  • 5,279 pounds of hazardous waste (human waste, propane, pesticides and other materials)

It literally took months to clean everything up, and that was just one very small two mile stretch of southern California.

But when it comes to human feces, nobody can even come close to San Francisco.

According to Forbes, there have been more than 118,000 officially reported cases of human feces on the streets since 2011…

Since 2011, there have been at least 118,352 reported instances of human fecal matter on city streets.

New mayor, London Breed, won election by promising to clean things up. However, conditions are the same or worse. Last year, the number of reports spiked to an all-time high at 28,084. In first quarter 2019, the pace continued with 6,676 instances of human waste in the public way.

This is supposed to be one of the wealthiest cities on the entire planet, and yet it has become a giant human manure pile.

Of course much of this is being fueled by drugs.  Addicts are often so zombiefied that they don’t care who or what is around when it comes time to use the potty.  In the U.S. today, more people die from drug overdoses than from traffic accidents, and even the New York Times admits that we are in the midst of the “worst drug crisis in American history”.

But for many others, being homeless has nothing to do with drugs at all.  The middle class is being eviscerated all around us, and poverty is growing with each passing day.  And it turns out that several of the counties with the most unaffordable housing in America just happen to be in California

ATTOM Data Solutions published its 2Q19 US Home Affordability Report, which reveals median home prices last quarter weren’t affordable for the average American in 74% (353 of 480 counties) of the counties analyzed.

The most unaffordable counties, the reported noted, were in Los Angeles County, California; Cook County (Chicago), Illinois; Maricopa County (Phoenix), Arizona; San Diego County, California; and Orange County, California.

There is never going to be any sort of a permanent solution to the homelessness crisis in California until there is a lot more affordable housing, and right now liberal policies are standing in the way of that happening.

Unfortunately, the entire country is likely to see a substantial rise in homelessness as this new economic downturn continues to escalate.  At this point things have already gotten so tight that a third of all Americans have cut spending within the last 12 months

A third of Americans say they’ve cut spending in the last year, and that percentage is about the same no matter the demographic. Reasons for spending less ranged from a loss of household income and new debt to fear of recession, job loss or large medical bills from an unexpected illness or injury.

Considering the fact that 59 percent of all Americans are currently living paycheck to paycheck, the truth is that most of us are just a couple of bad breaks away from financial disaster.

So instead of looking down on homeless people, the rest of us should be working harder than ever so that we can survive the very rough times that are coming.

Nobody plans to fall into poverty, and nobody actually wants to be homeless.

But tonight more than 550,000 Americans do not have a home, and that number is only going to keep rising.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Conditions On The Streets Of San Francisco Are Comparable To “The Slums Of Mumbai, Delhi, Mexico City, Jarkarta, And Manila”

Once upon a time, some of the most beautiful cities in the entire world were on the west coast, but now those same cities are degenerating into drug-infested cesspools of filth and garbage right in front of our eyes.  San Francisco is known as the epicenter for our tech industry, and Los Angeles produces more entertainment than anyone else in the world, and yet both cities are making headlines all over the world for other reasons these days.  Right now, nearly a quarter of the nation’s homeless population lives in the state of California, and more are arriving with each passing day.  When you walk the streets of San Francisco or Los Angeles, you can’t help but notice the open air drug markets, the giant mountains of trash, and the discarded needles and piles of human feces that are seemingly everywhere.  If this is what things look like when the U.S. economy is still relatively stable, how bad are things going to get when the economy tanks?

In San Francisco, the homeless population has grown by 17 percent since 2017, and when a UN official recently walked the streets she was absolutely horrified by what she witnessed

When Leilani Farha paid a visit to San Francisco in January, she knew the grim reputation of the city’s homeless encampments. In her four years as the United Nations Special Rapporteur for Adequate Housing, Farha has visited the slums of Mumbai, Delhi, Mexico City, Jarkarta, and Manila. The crisis in San Francisco, she said, is comparable to these conditions.

I have never been to Mumbai, Delhi, Mexico City, Jarkarta or Manila, and so I will just have to take her word for what the conditions are like there.

But how can this be happening in one of the wealthiest cities in the entire country?

Sadly, to a large degree San Francisco has done this to itself.  Every single day drugs are openly bought and sold at “an outdoor market of sorts” right in the heart of the city, and authorities know exactly where it is happening

To drill down on the epicenter of the crisis, a recent New York Times inquiry set out to find the dirtiest block in San Francisco. After asking statisticians to compile a list of streets with the most neighborhood complaints regarding sidewalk cleanliness, the Times landed on a winner: Hyde Street’s 300 block, which received more than 2,200 complaints over the last decade.

A visit to the block yields a harrowing sight of drug addicts and mentally ill residents, many of whom are part of the city’s overwhelmingly large homeless population. During the day, drug users host an outdoor market of sorts, selling heroin, crack cocaine, and amphetamines along the sidewalks.

They could shut down the drug dealing if they really wanted to do so.

And anywhere the illegal drug trade is thriving, you are also going to have a lot of property crime.  At this point, no city in America has a higher rate of property crime than San Francisco does

San Francisco is the nation’s leader in property crime. Burglary, larceny, shoplifting, and vandalism are included under this ugly umbrella. The rate of car break-ins is particularly striking: in 2017 over 30,000 reports were filed, and the current average is 51 per day. Other low-level offenses, including drug dealing, street harassment, encampments, indecent exposure, public intoxication, simple assault, and disorderly conduct are also rampant.

Meanwhile, things are not much better in Los Angeles.  In fact, many would argue that L.A. is in even worse condition.

The homeless population in the city has risen 16 percent since last year, and it is taking over neighborhood after neighborhood.  Los Angeles was once one of the most beautiful cities in the entire world, but now it is rapidly being transformed into a hellhole

If someone predicted half a century ago that a Los Angeles police station or indeed L.A. City Hall would be in danger of periodic, flea-borne infectious typhus outbreaks, he would have been considered unhinged. After all, the city that gave us the modern freeway system is not supposed to resemble Justinian’s sixth-century Constantinople. Yet typhus, along with outbreaks of infectious hepatitis A, are in the news on California streets. The sidewalks of the state’s major cities are homes to piles of used needles, feces, and refuse. Hygienists warn that permissive municipal governments are setting the stage — through spiking populations of history’s banes of fleas, lice, and rats — for possible dark-age outbreaks of plague or worse.

Skid Row is the epicenter of the homeless problem in L.A., and I highly recommend that you do not go down there to check it out for yourself.

It is hard to believe that people are actually living this way in America in 2019.  This is what one reporter witnessed during his visit to the neighborhood

If you want to know how bad the homelessness crisis has gotten in California, just turn to 4 squares miles east of Main Street in downtown Los Angeles. The area, known as Skid Row, has long been inhabited by the city’s poorest residents. These days it resembles something akin to a nightmare.

Residents sleep in tents surrounded by discarded needles and feces, their belongings tucked into trash bags and shopping carts. Some shade themselves with tarps or use nearby light poles to connect to power. Others have contracted typhus from rats scurrying across the sidewalk. One resident was even found bathing in the water from a broken fire hydrant.

This is where the rest of the country is headed if we are not very careful.  Bad policies have bad consequences, and our leaders have been taking us in the wrong direction for a very long time.

And instead of getting to the root of our problems, most of our politicians seem to think that engaging in bizarre social experiments will somehow solve our problems.

For example, Los Angeles Mayor Eric Garcetti is convinced that we can solve the homeless problem by building tiny housing units in the backyards of private homeowners

As part of this mission, the city is pursuing a pilot program, made possible by a $1 million Bloomberg Philanthropies grant, that would help homeowners install backyard units on their properties. In exchange for a $10,000 to $30,000 stipend, homeowners would be able to charge a small rent to homeless tenants, who would pay their share through vouchers or their own income. The city also plans to institute a matchmaking process that pairs owners and tenants.

“Our homeless crisis demands that we get creative,” the mayor said. If the backyard pilot works, he added, the idea could be adopted anywhere.

So if you live in Los Angeles, soon you will be able to bring the needles and piles of human feces from Skid Row into your own backyard.

Meanwhile, homeless people keep dropping dead night after night in Los Angeles.  Just check out these staggering numbers

A record number of homeless people — 918 last year alone — are dying across Los Angeles County, on bus benches, hillsides, railroad tracks and sidewalks.

Deaths have jumped 76% in the past five years, outpacing the growth of the homeless population, according to a Kaiser Health News analysis of the coroner’s data.

Year after year, this homelessness crisis is only getting worse.

The fabric of our society is literally coming apart right in front of our eyes, and we can all see what is happening, and yet our leaders seem absolutely powerless to fix it.

If we continue on this trajectory, what is our nation going to look like in a few years?

Just something to think about…

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

“The Skid Is Everywhere”, And We Just Received More Confirmation That The Worst Is Yet To Come

All over America, large portions of our major cities are being transformed into stomach-churning cesspools of squalor.  Thousands of tens cities are popping up from coast to coast as the homeless population explodes, even the New York Times admits that we are facing “the worst drug crisis in American history”, there were more than 28,000 official complaints about human feces in the streets of San Francisco last year alone, and millions of rats are currently overrunning the city of Los Angeles.  And yet the authorities continue to insist that the economy is in good shape and that everything is going to be just fine.

Perhaps everything may seem “just fine” if you live in a heavily sanitized wealthy suburban neighborhood and you only get your news from heavily sanitized corporate media sources, but in the real world things are getting really bad.

The other day, LZ Granderson authored an editorial in which he described what life is like in Los Angeles right at this moment…

LA spent nearly $620 million in tax dollars last year to address the issue, and yet the number of homeless people increased by 16%, reaching nearly 60,000 people.

As a Los Angeles resident, I am among those who wonder what the mayor’s office is doing. When I lived downtown it was virtually impossible to walk a full block in any direction without seeing a homeless person. In Silver Lake where I live now, there are tent cities. On my drive to work I see people living underneath the highway overpasses. It’s no longer Skid Row here. The skid is everywhere.

Of course that phrase, “the skid is everywhere”, could also apply to San Francisco, Portland, Seattle, Denver, Minneapolis, Chicago, Detroit, St. Louis, Memphis, Cleveland, Baltimore, Philadelphia and countless other U.S. cities.

But without a doubt, L.A. is particularly disgusting at this point.  In fact, last weekend a columnist for the Los Angeles Times admitted that “Los Angeles has become a giant trash receptacle”

A swath of Los Angeles has devolved into a wasteland with rats scurrying among piles of decaying garbage and squalid tent cities, according to a series of stomach-churning photos that the Los Angeles Times says depict the “collapse of a city that’s lost control.”

“The city of Los Angeles has become a giant trash receptacle,” columnist Steve Lopez complained on Sunday.

We are seeing this happen at a time when we are being told that the U.S. economy is still relatively stable.

And I will concede that point.  Right now, the U.S. economy is a whole lot more stable than it will be in the months ahead.

So if things are this bad already in our major cities, what are those cities going to look like once we get deep into the next economic downturn?

On Friday, the Labor Department reported that 75,000 jobs were added to the U.S. economy in May.  That number is consistent with the extremely disappointing figure that ADP reported a few days earlier, and it is well below the number of jobs that we need just to keep up with population growth each month.

Prior to this latest report, there were already more working age Americans without a job than at any point during the last recession, and now things just got even worse.

But the government conveniently categorizes the vast majority of working age Americans without a job as “not in the labor force”, and so officially the unemployment rate is “very low” right now.

What a joke.

The truth is that the middle class has been steadily shrinking for an extended period of time, and all of the numbers that have been rolling in seem to indicate that an economic slowdown has begun.

For instance, when economic activity is expanding demand for key industrial resources such as copper, zinc and lumber increases and prices tend to go up.

But when economic activity is contracting, demand for those key industrial resources diminishes and prices tend to go down.

And right now we are seeing prices for copper, zinc and lumber decline precipitiously

Copper prices have fallen 6% in just the past month while zinc is down 8.5%. Copper and zinc are big components for many industrial and technology companies. People pay so much attention to copper as a barometer that traders jokingly call it Dr. Copper, as if it has a PhD in economics.

Lumber prices are falling as well, plunging about 10% in the past month. That could be viewed as a sign that the housing market — particularly new home construction — is weakening.

If you were looking for some exceedingly clear indications of where the U.S. economy is heading in the near future, you just got them.

But most Americans will continue to live in denial until the very end.  And even though 59 percent of the population is living paycheck to paycheck, people continue to rack up debt as if there was no tomorrow.

In fact, we just learned that the average size of a new vehicle loan in the U.S. just hit a brand new record high

People buying a new vehicle are borrowing more and paying more each month for their auto loan.

Experian, which tracks millions of auto loans each month, said the average amount borrowed to buy a new vehicle hit a record $32,187 in the first quarter. The average used-vehicle loan also hit a record, $20,137.

People ask me all the time about how they can prepare for the next economic downturn, and one of the key pieces of advice that I always give is to not take on more debt.

Right now everyone should be building up their financial cushions, because what is coming is not a joke.

Unfortunately, most Americans are still completely in denial about what is happening, and they will find themselves ill-prepared to handle the very harsh economic environment that is ahead.

Get Prepared NowAbout the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

Do NOT follow this link or you will be banned from the site!