62 Percent Of All U.S. Jobs Do Not Pay Enough To Support A Middle Class Life

We just got more evidence that the middle class in America is rapidly disappearing.  According to a shocking new study that was just released, 62 percent of all jobs in the United States do not pay enough to support a middle class life.  That means that “the American Dream” is truly out of reach for most of the country at this point.  Today, Americans are working harder than ever but the cost of living continues to rise much faster than our paychecks are increasing.  Earlier this month, I went and looked at the latest numbers from the Social Security Administration, and I discovered that 50 percent of all American workers make less than $30,533 a year.  But that is just above poverty level.  In fact, the federal poverty level for a family of five is currently $29,420.  Most families are just barely scraping by from month to month, and most U.S. workers are just one major setback away from falling out of the middle class. (Read More...)

And The Worst City In America For 2018 Is…

Before I reveal which city was chosen as the worst city in America this year, let me give you some hints. At one time nearly two million people lived there, but now the population has declined to about 700,000. It was once one of the greatest manufacturing cities in the entire world, and it once boasted the highest per capita income in the whole country. 50 years ago, thriving middle class neighborhoods peppered the city, but today it has become a rotting, decaying nightmare and a poster child for urban decay. Tens of thousands of structures stand empty, and that is after the city has already torn down thousands of abandoned buildings. (Read More...)

Not Prepared: Will Most Americans Be Absolutely Blindsided By Multiple Wars And A Simultaneous Economic Collapse?

According to CBS News, an astounding three-fourths of all Americans have to “scramble to cover their living costs” each month.  In other words, most of the country is either living paycheck to paycheck or very close to it.  But instead of tightening their belts and trying to put something away for the very hard times that are coming, most Americans are completely and utterly unprepared for what is ahead because the people that they trust on television keep telling them that everything is going to be okay.  Unfortunately, everything is not going to be “okay”, and when things start falling apart all around us there is going to be a lot of anger directed toward those that have been lulling everyone into a false sense of security. (Read More...)

Now It Is The Elite That Are Feverishly ‘Prepping’ For The Collapse Of Society

Prepper - Photo by Nomadic Lass on FlickrOnce upon a time, “prepping” was something that was considered to be on “the lunatic fringe” of society. But in 2017, wealthy elitists are actually the most hardcore preppers of all. This is particularly true in places such as Silicon Valley, where a whole host of young tech moguls are putting a tremendous amount of time, effort and money into preparing for apocalyptic scenarios. So while interest in prepping among the general population has fallen extremely low right now, the election of Donald Trump has given liberal wealthy elitists even more urgency to prepare for what they believe is a very uncertain future. (Read More...)

8 Lessons That We Can Learn From The Epic Economic Meltdown In Venezuela

Venezuela Shortages - Photo by ZiaLaterWe are watching an entire nation collapse right in front of our eyes.  As you read this article, there are severe shortages of just about anything you can imagine in Venezuela.  That includes food, toilet paper, medicine, electricity and even Coca-Cola.  All over the country, people are standing in extremely long lines for hours on end just hoping that they will be able to purchase some provisions for their hungry families.  At times when there hasn’t been anything for the people that have waited in those long lines, full-blown riots have broken out.  All of this is happening even though Venezuela has not been hit by a war, a major natural disaster, a terror attack, an EMP burst or any other type of significant “black swan” event.  When debt spirals out of control, currency manipulation goes too far and government interference reaches ridiculous extremes, this is what can happen to an economy.  The following are 8 lessons that we can learn from the epic economic meltdown in Venezuela… (Read More...)

Some Preppers Are Getting Ready For The End Of The World, While Others Are Running For Office

Prepper - Photo by Nomadic Lass on FlickrDeep inside, most of us know that something is coming.  Many of us may not know exactly what it is that is heading our way, but there are millions of Americans that feel so alarmed about what they sense is on the horizon that they are taking extreme measures to get prepared.  Of course the list of potential catastrophic disasters is endless – economic collapse, civil unrest, historic earthquakes, power grid failure, Islamic terror, Hillary getting into the White House, etc.  There are so many things that could bring this country to its knees, and there are lots of preppers out there that are feverishly preparing their homes and their families for doomsday.  But there are others that are taking very different approaches.  As you will see below, some preppers have decided that the best thing to do is to run for office, while others are getting out of the United States completely. (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...)