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The Relationship Between The United States And China Is Officially Going Down The Tubes

Abstract Geometric World - Public DomainWhat happens when the two largest economies on the planet start fighting a trade war with one another?  Well, we are about to find out.  As you will see below, the U.S. has gone “nuclear” on China in a trade dispute over steel, and the Chinese response is likely to be at least as strong.  Meanwhile, events in the South China Sea have brought tensions between the Chinese government and the Obama administration to a boiling point.  The Obama administration strongly insists that China does not have a legal right to those islands, and in China there is now talk that it may ultimately be necessary to confront the United States militarily in order keep control of them.  Most Americans may not realize this, but the relationship between the United States and China is officially going down the tubes, and this is likely to have very significant consequences during the years to come. (Read More...)

Stories Of Despair From The Forgotten People That The U.S. Economy Has Left Behind

Forgotten - Public DomainThere is so much economic despair in our country today, but if you have a good job and if you live in a good neighborhood you might not ever encounter it.  There really are “two Americas” in 2016, and they are getting farther and farther apart with each passing year.  On the one hand, you have lots of people smiling in New York City these days because of the stock market boom, and property values have soared to ridiculous levels in San Francisco because of the tech bubble.  But in between the two coasts there are vast stretches of forgotten people that the U.S. economy has left behind.  In this article I am going to share some of their stories with you. (Read More...)

One-Third Of All Americans Don’t Make Enough Money To Even Cover The Basic Necessities

Sad Child - Public DomainDo you remember the days when it seemed like almost everyone in America was middle class?  Unfortunately, those days are long gone and the grinding down of the middle class in the United States appears to be accelerating.  According to a brand new study that was just released by Pew Charitable Trusts, household spending increased by 14 percent between 2004 and 2014, but median household income decreased by 13 percent during that same time period.  Both of those figures were adjusted for inflation.  What this means is that the cost of living has steadily gone up, but our incomes have gone down.  In fact, as you will see below approximately one-third of all Americans don’t even make enough money to pay for the basic necessities at this point.  The middle class is being squeezed like never before, and very few of our leaders seem to care. (Read More...)

Housing Crash?: U.S. Existing Home Sales Fall By The Most In Six Years

Home For Sale - Public DomainWe just got more evidence that a major economic slowdown is underway here in the United States.  Existing home sales were down a whopping 7.1 percent during the month of February, and this represented the biggest decline that we have seen in six years.  This is yet another sign that we are in the early stages of a new crisis that is eerily reminiscent of what happened back in 2008.  The truth is that most U.S. consumers are tapped out, and when you are tapped out it is really hard to get a mortgage.  Banks aren’t really fond of lending money to people that can’t pay it back, and in recent years housing prices in many areas have risen to levels that are beyond the reach of most middle class families. (Read More...)

Chinese Exports Plunge 11.2 Percent As Economic Activity Continues To Collapse All Over The Planet

Cargo Ship - Public DomainIf the global economy is in fine shape, then why does all of the hard data tell us that global trade is absolutely collapsing?  The Baltic Dry Index has fallen below 300 for the first time ever, and export numbers are way down for almost every major exporting nation on the entire planet.  As you will see below, this includes China.  The Chinese account for more global trade than anyone else, and so the fact that their imports and their exports are both collapsing precipitously is a huge red flag.  When less stuff is being bought and sold and shipped around the world, that tells us that the “real economy” is contracting.  Tremendous efforts are being made to try to prop up financial markets all over the globe right now, but in the end those efforts are going to prove to be rather futile.  The global economy is clearly plunging into recession, and at this point it is becoming exceedingly difficult for even the most optimistic economic analysts to deny this reality. (Read More...)

The American Dream Is Dead, And Now Even The Mainstream Media Is Starting To Admit It

Cemetary Graveyard - Public DomainAre you living “the American Dream”?  If so, you should consider yourself to be very fortunate, because most Americans are not.  In fact, as you will see below, a new survey has found that there is nowhere on the entire planet where the average wage earner is making enough money to live “the American Dream”.  Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now the middle class makes up a minority of the population, 51 percent of all American workers make less than $30,000 a year, and poverty is growing rapidly.  The American Dream is essentially dead, and even the mainstream media is starting to figure this out. (Read More...)

Retail Apocalypse: 2016 Brings Empty Shelves And Store Closings All Across America

Closed - Public DomainMajor retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country.  It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016.  As economic activity slows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses.  This is especially true in areas that are on the lower portion of the income scale.  In impoverished urban centers all over the nation, it is not uncommon to find entire malls that have now been completely abandoned.  It has been estimated that there is about a billion square feet of retail space sitting empty in this country, and this crisis is only going to get worse as the retail apocalypse accelerates. (Read More...)

62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet

Dark Planet - Public DomainDid you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5 billion people on the entire planet. These brand new numbers come from a shocking report that was just put out by Oxfam, and they show that income inequality continues to grow at a very rapid pace all over the world. As you will see below, the total wealth of the poorest half of the global population has plunged by 41 percent since 2010 while the wealth of the elite has continued to surge upward. The debt-based financial system that now has the entire planet in its grip funnels wealth to the very top, and the global elite are more than happy to hoard as much of it as they possibly can. (Read More...)

70 Tips That Will Help You Survive What Is About To Happen To America

70 SignYou may have noticed that things are starting to get crazy. Financial markets are imploding, violent crime rates are soaring in our major cities, and we have witnessed a truly unusual series of natural disasters in recent months. War in the Middle East continues to rage out of control, and Islamic terror continues to spread all over the globe. And many believe that 2016 is going to be a year of political shaking, civil unrest, governmental crackdowns and great economic chaos in the United States. All it is going to take to plunge our society into full-blown panic mode is a major “trigger event” of some sort. Another 9/11, a new “Lehman Brothers” moment, a massive EMP burst from the sun or a historic seismic event are all examples of what this “trigger event” could look like. (Read More...)