74% of families with children making less than $100,000 have “experienced serious financial problems” during this crisis

The reason why so many people are clamoring for Congress to get another stimulus bill passed is because an unprecedented number of households are in desperate financial need right now.  As you will see below, millions of Americans missed their rent or mortgage payments last month, millions missed their student loan payments, and millions are falling into poverty.  The economic downturn that was sparked by the coronavirus pandemic has stretched on far longer than most people originally anticipated, and many Americans are simply running out of money at this point.  In fact, one survey that was conducted not too long ago found that 40 percent of all households have “used up all or most of their savings” and 74 percent of families with children that make less than $100,000 a year have “experienced serious financial problems” during this crisis… (Read More...)

Why are so many Americans suddenly relocating, buying guns and storing up huge quantities of food?

In 2020, we have been watching hundreds of thousands of Americans relocate, gun sales have shattered all previous levels, and people are purchasing and storing huge stockpiles of food.  We have seen the American people get deeply concerned about the future before, but we have never seen anything quite like this.  It is definitely a major life decision to pack up everything you own and move to another part of the country, but that is precisely what countless Americans have been doing in recent months.  WABC wanted to know precisely how many people have been doing this in New York City, and the information that they were able to get from the United States Postal Service really surprised them(Read More...)

It is being projected that there could be an “eight billion meal shortage” at America’s food banks over the next 12 months

In 2020, we are witnessing an explosion of hunger in the United States that is unlike anything that we have seen since the Great Depression of the 1930s.  Tens of millions of Americans have lost their jobs since the start of this pandemic, and money is running low for a whole lot of people.  In fact, I just wrote an article about a survey that found that one out of every five Americans will be out of cash by Election Day.  More Americans are slipping into poverty with each passing month, and this has created an unprecedented surge of demand at food banks across the nation.  Meanwhile, our growing economic problems are also causing donations to dry up, and so many food banks are facing a major crunch as we head into 2021.  In fact, Feeding America is warning that their network of food banks is potentially facing an “eight billion meal shortage” over the next 12 months… (Read More...)

A new congressional report proves that the institutions of marriage and family are being systematically destroyed in America

The numbers that I am about to share with you are extremely sobering, and they should be a massive wake up call for all of us.  Yesterday, I wrote an article about how our society is breaking down everywhere we look, and nowhere is this more evident than in our marriages and in our families.  But without strong marriages and strong families, no society can thrive for long.  Recently, the Social Capital Project of the Joint Economic Committee Republicans released a report entitled “The Demise of the Happy Two-Parent Home”, but you probably never heard about it until now because it was almost entirely ignored by the mainstream media.  I have never seen a congressional report document the collapse of marriage and family in American society to such an extent, and to be honest it is quite surprising to see such a quality piece of work come out of Washington. (Read More...)

Global Food Shortages Are Becoming Very Real, And U.S. Grocery Store Chains Are Preparing For Worst Case Scenarios

The head of the UN World Food Program repeatedly warned us that we would soon be facing “famines of biblical proportions”, and his predictions are now starting to become a reality.  We have already seen food riots in some parts of Africa, and it isn’t too much of a surprise that certain portions of Asia are really hurting right now.  But I have to admit that I was kind of shocked when I came across an article about the “hunger crisis” that has erupted in Latin America.  According to Bloomberg, “a resurgence of poverty is bringing a vicious wave of hunger in a region that was supposed to have mostly eradicated that kind of malnutrition decades ago”.  We are being told that food shortages are becoming acute from Mexico City all the way down to the southern tip of South America, and those that are the poorest are being hit the hardest. (Read More...)

Stories Of Economic Despair From America’s Worst Economic Downturn Since The Great Depression Of The 1930s

The economic pain that we are witnessing right now is far greater than anything that we witnessed during the last recession.  U.S. GDP declined by 32.9 percent on an annualized basis last quarter, more than 100,000 businesses have permanently shut down since the COVID-19 pandemic first hit the United States, and more than 54 million Americans have filed new claims for unemployment benefits over the last 19 weeks.  Up until just recently, a $600 weekly unemployment “supplement” and a federal moratorium that prevented many evictions had helped to ease the suffering for millions of American families, but both of those measures have now expired.  As a result, a tremendous amount of economic pain which had previously been deferred will now come rushing back with a vengeance.  Millions of American families are no longer going to be able to pay their bills, and experts are warning that we could soon see an “eviction crisis” that is absolutely unprecedented in American history. (Read More...)

Right Now There Is A “Mad Rush” To Get Out Of The Cities

So many wealthy people are rushing to move away from the big cities that it is creating a bit of a “real estate boom” in many suburban areas, small towns and rural communities.  Fear of COVID-19, a collapsing economy and the tremendous urban violence that we have witnessed in recent weeks have combined to create a frenzy of activity.  Last week, my wife and I heard from a friend in New York City that is all of a sudden desperate to move to another state, and I certainly can’t blame him for wanting to relocate.  If I was in his shoes, I would be wanting to move too.  But at this point so many people are all thinking the same thing that the demand for housing in certain areas threatens to greatly exceed the supply.  In fact, one real estate agent in the San Francisco area is describing it as “a mad rush to get out of the city”(Read More...)

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