The health of the economy has been one of the primary determining factors in many presidential elections, and it will be the same this time around too. Of course that is really bad news for Joe Biden, because the American people absolutely hate what is happening to the economy. Even though the media is constantly telling us that the economy is doing just fine, the vast majority of the population is not buying into the propaganda. Hordes of small businesses are failing, retailers are shutting down thousands of stores, and poverty is exploding all over the nation. But inflation is the biggest reason why Americans are so dissatisfied with the economy. According to one recent survey, it is “far and away” the biggest issue for American voters… (Read More...)
Enormous Mobs Are Literally Taking Over The Streets Of Major U.S. Cities On A Nightly Basis
Every night, huge groups of young people are literally taking over streets in large cities all over America. In many cases, major intersections are completely blocked off for stunts and dangerous competitions involving vehicles. These events are called “street takeovers”, and they are often accompanied by theft, violence and other acts of crime. You have probably heard of “street takeovers” happening in big metropolitan areas such as Los Angeles, Seattle, New York and Chicago, but at this point they are even happening in many rural areas. In fact, I just came across an article about how street takeovers have become a major problem in the state of Maine. As you will see below, the scale of these events is often so large that police will just sit back and do nothing to stop them. When they are outnumbered a hundred to one or a thousand to one, the police are often extremely hesitant to try to break things up. (Read More...)
The Entire System Is Crumbling! Major Red Flags Are Popping Up For Banks, Small Businesses And Retailers
If the economy is fine, why are so many signs of trouble erupting all around us? Those that keep insisting that the U.S. economy is heading in the right direction conveniently ignore the very troubling facts and figures that I regularly share with my readers. When you take an honest look at the cold, hard numbers that the economy keeps producing, there is only one logical conclusion. Our entire system is crumbling, and it appears that conditions will soon get significantly worse. (Read More...)
Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024
Retail stores are being shut down at a staggering rate all over the country. If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total number of stores closed in 2023. That is what you call a crisis! Meanwhile, banks are shuttering hundreds of branches from coast to coast, and a “restaurant apocalypse” is sweeping across the nation. Everywhere around us, “space available” signs are going up on buildings that were once considered to be prime commercial real estate. If someone tries to convince you that the U.S. economy is in good shape, just show them this article and ask them why so many once prosperous businesses are closing. Needless to say, they will not be able to win the argument after that. (Read More...)
Money Is Power, And The Global Balance Of Power Is Rapidly Shifting In Favor Of The Ultra-Wealthy Elite
If you have enough money, you can buy just about anything. And when you are in a position where you can buy just about anything, you wield an enormous amount of raw power. Today, our world is completely and utterly dominated by those at the very top of the economic pyramid. Those in the top one percent of the top one percent are pretty much able to do whatever they want, and the rest of us are pretty much powerless to stop them. Unfortunately, the gap between the ultra-wealthy elite and the rest of us just continues to get even larger. Last year, the total wealth of the world’s millionaires reached a staggering 86.8 trillion dollars… (Read More...)
Little By Little, The Economy Has Declined To A Point Where Almost Everyone Is Struggling
It happened so gradually that a lot of people didn’t even realize what was happening. The cost of living just kept rising faster than paychecks were, and little by little our standard of living just kept going down. Now we have reached a stage where the ultra-wealthy are thriving but almost everyone else is struggling. For most people, it is a real fight just to pay the bills from month to month. The majority of the population is deep in debt, and meanwhile the cost of just about everything is going up and up. Millions of Americans feel like they are drowning financially, and there is no easy way out. Sadly, many of them don’t even realize that the game was designed to get them on to a hamster wheel and keep them running for as long as possible. (Read More...)
Retail Theft Is Wildly Out Of Control All Over America, And It Is Only Going To Get Worse As Our Society Descends Into Anarchy
We are right in the middle of a tsunami of shoplifting that never seems to end, and as a result major retailers are closing down locations in major cities all over the country. A few years ago, videos of brazen shoplifters ruthlessly looting retail stores were shocking everyone, but now this sort of thing is so common that very few of us are shocked anymore. We have come to expect that our retail stores will be regularly looted because this is who we have become as a nation. Sadly, even many of our politicians aren’t too concerned that the impoverished masses are stealing billions of dollars worth of merchandise from our major retailers. Like so many others, maybe they figure that those retailers won’t even miss what is being taken. But the truth is that they do miss what is being taken, and CEOs have been complaining very loudly about it… (Read More...)
During The Great Depression They Were Called “Hoovervilles”, But Today America’s Shantytowns Are Called “Bidenvilles”
To those at the bottom of America’s economic pyramid, it feels like the economy has already collapsed. When you can’t afford to put a roof over your head and you barely have enough food to eat, nothing else really matters. During the Great Depression of the 1930s, millions of homeless Americans created large shantytowns known as “Hoovervilles” all over America. Unfortunately, we are witnessing the same thing today. Our homeless population is rapidly exploding, and those that have nowhere to live are creating shelters for themselves out of wood, cardboard boxes, tents, tarps, construction materials and whatever else they can find. In some cases, very large shantytown communities are being established, and they are primarily populated by our young adults… (Read More...)