Thursday, May 26, 2022

here is some evidence that the empire isn't doing as well as your tv says it is; 


Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really slowing down.  Considering all of that, it makes perfect sense why the American people are feeling so negative about the economy right now.  In fact, a whopping 85 percent of all Americans believe that there will be a recession within the next year.  These days, it is virtually impossible to get Americans to overwhelmingly agree about anything, and so the fact that 85 percent of us are anticipating a recession is a really big deal.  Just about everyone realizes that economic conditions are going to get worse, but for those of you that still doubt where we are headed here are 11 statistics that show how U.S. consumers are faring in this rapidly deteriorating economy…

#1 According to a Harvard CAPS/Harris Poll that was recently conducted, 56 percent of Americans say that their financial situations are getting worse, and only 20 percent of Americans say that their financial situations are improving.

#2 Another new survey has just discovered that 66 percent of Americans “have avoided social events because they’ve felt embarrassed or uncomfortable” about their financial situations.

#3 The housing bubble appears to be bursting.  At this point, sales of new single family homes are falling at a very frightening pace…..........read more.........

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