The Coming Downgrade Of The American Lifestyle And How To Prepare For It

A recent Reuters poll revealed some interesting insights into the mindset of many Americans today. A large majority (73 percent) revealed that they believe we are “off on the wrong track”.  Nearly half of those polled (47 percent) also believe that the “worst is yet to come”. This is up 13 percentage points from a year ago. Of course this all comes on the heels of the contentious congressional debt ceiling debate, the first credit rating downgrade in United States history, a two-week roller coaster ride in the stock market, and a jobless rate that is almost 10% and stagnant in many parts of the country. Some experts believe that number could be as high as 22-25% when you factor in the underemployed and those who have stopped looking for work, altogether.

Even more alarming is the recent CNN poll that revealed 48 percent of Americans believe it is likely that another great Depression will begin within the next 12 months. I believe these polls show there is a gut feeling across the country that all is not well here in the USA.

There are some truly eerie things happening across our country, right now, which in year’s past, (Read more....)

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44 Statistics About The Economy That Will Send A Deep Chill Down Your Spine Because They Prove That The Survival Of The American Middle Class Is Now In Serious Jeopardy

Please be warned – the statistics about the economy that you are about to read are likely to completely blow your mind.  The U.S. economy is in far, far more trouble than the mainstream news would have you believe.  Most Americans are still convinced that the economic downturn that we have been experiencing will soon be over and that things will shortly get back to “normal”.  But that is not what is happening.  What we are actually witnessing is the disintegration of the foundations of the U.S. economic system.  The survival of the American middle class is now in serious jeopardy.  In fact, the survival of the American way of life is now in serious jeopardy.  Today, more Americans are living in poverty than at any other time in history.  Millions upon millions of Americans are out of work and it now takes the average unemployed worker an average of over 35 weeks to find a job.  Home sales are at near record lows.  Home foreclosures are at record highs.  Factories and jobs continue to leave the United States at a dizzying pace and the U.S. government has piled up the biggest (Read more....)

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