4 Disturbing Signs that America’s Real Economy is Going Beneath the Waves

[Ares]

The Ship is Going Down

This week we take a look at 4 very disturbing things which indicate and summarize the trouble the US is in. Specifically, we discuss:


A grueling political circus going on right now in Washington which demonstrates how the US currency/system is beyond saving…

How even “fiscal conservatives” and liberals are both identical in that neither has ever seriously tried to tackle this problem…

A fortune 500 company whose earnings show the frightening truth about the state of consumer spending…

A desperate process that those in America have been reduced to, just to help keep their lights on!

An unbelievable trend which proves how utterly abysmal the US job market has become…

And lastly,

Why the housing market has not and will not recover to pre-2008 highs!

I’ve been away on a trip, and tied down with personal matters, but it’s good to be back!


https://www.youtube.com/watch?v=J9vEcWdukQk

Link to video: https://www.youtube.com/watch?v=J9vEcWdukQk

http://thewealthwatchman.com/4-disturbing-signs-that-americas-real-economy-is-going-beneath-the-waves/

[EE_]

I don't know how people can say the economy is sinking, when I see it as the strongest economy ever seen in my life?

The US is still in control of it's currency and all the markets. They easily control real money (gold & silver) prices.

The stock market is still near record highs.

Home prices have recovered in most markets and surpassed record highs in key markets, California, New York, Florida, Texas, Phoenix, AZ, Las Vegas, NV...and many other markets.

More billionaires have been created then ever before in history.

Government employees, congress are still getting raises.

The government credit card is still good and is going to be tacked up to 20 trillion that will never have to be paid.

New car sales are strong, many people are driving new cars/trucks.

Gasoline is cheaper then it's been in years.

Corporations and banks are flush with cash, so flush that banks don't even want your cash.

Everyone can get medical insurance now, even with preexisting conditions.

Where's the problem?

I guess if you want to talk about the other economy, the middle class economy...who gives a shit about them? They are no longer needed, there's an abundance of slaves to keep things running for the rest of the strong economy.

Good times!

[Twisted Titan]

The Wealth watchman is XD

[midnight rambler]

The Wealth watchman is XD

What is XD?

[.41Dave]

What is XD?

I'm assuming he's referring to the XD series pistols made by Springfield Armory.

[gunDriller]

I don't know how people can say the economy is sinking, when I see it as the strongest economy ever seen in my life?
...
I guess if you want to talk about the other economy, the middle class economy...who gives a shit about them? They are no longer needed, there's an abundance of slaves to keep things running for the rest of the strong economy.

Good times!


Maybe by the time they rollout HTML 12.0, it'll have /sarcGroup & /sarcWord tags.

Until then, we'll just have to keep up the /sarc spirit :)