#survival #prepping #prepper Bracing For A Very Painful Year: 38% Of Americans Say That They Will Spend 2021 In “Survival Mode”

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If nearly 40 percent of the entire nation anticipates spending the next 12 months in “survival mode”, that is not a good sign for what the coming year will bring.  Traditionally, Americans have looked forward to the turn of the year with tremendous optimism, but this time around things are very, very different.  2020 brought us the COVID pandemic, tremendous violence and civil unrest in our major cities, and the greatest economic downturn since the Great Depression of the 1930s.  Sadly, a large chunk of the country is anticipating more difficulties in the coming months, because one recent survey found that 38 percent of all Americans plan to spend 2021 in “survival mode”

Of the 3,011 surveyed adults, over 38% said they will spend the year in “survival mode,” meaning they’ll focus on the day-to-day rather than long-term goals to try to get themselves and their families through 2021.

The biggest reason why so many anticipate being in “survival mode” is because of the financial problems that they experienced this year.  According to that same survey, a whopping 68 percent of all Americans say that they experienced some sort of “financial setback” in 2020…

Although some respondents maintained their usual income over the past year, 68% had setbacks. Of those, 23% lost a job or household income; 20% had an unexpected non-health emergency; 18% had to provide unexpected financial aid to family or friends; and 16% had a health emergency in their family.

As I keep reminding my readers, Americans have filed more than 70 million new claims for unemployment benefits this year, but even many of those that have been able to keep their jobs have fallen on very hard times.

Another new survey found that approximately one-third of all full-time workers in the U.S. “have experienced a pay cut” in 2020…

Roughly 1 in 3 full-time workers have experienced a pay cut due to the coronavirus pandemic this year, according to a recent MagnifyMoney survey of 984 professionals surveyed Nov. 6 to 11.

If you were employed throughout all of 2020 and you are still able to pay all of your bills on time, you should be very thankful for your blessings, because you are now in the minority.

For most Americans, the past 12 months have been exceedingly painful, and this new round of lockdowns promises to extend the economic suffering long into 2021.

Some industries that were absolutely devastated by the first round of lockdowns are officially in panic mode at this point.  For example, we have already permanently lost approximately 17 percent of all of the restaurants in the entire country, and the National Restaurant Association is warning that 10,000 more could permanently shut down “in the next three weeks”

About 17% of America’s restaurants have already permanently closed this year, with thousands more on the brink according to a new report.

The National Restaurant Association is publicly pleading with Congress to pass new stimulus to help the industry that has been damaged by the pandemic. The group said Monday that 10,000 restaurants could close in the next three weeks, in addition to the 110,000 that have already shuttered in 2020.

Even during the best of times, running a successful restaurant is exceedingly difficult.  The margins are razor thin, new competition is always popping up, and employees are constantly coming and going.

When you add a global pandemic on top of all of that, it has become almost impossible for many eateries to keep going, and we are being told that the future for the industry looks quite “bleak”

  • 87% of full-service restaurants (independent, chain, and franchise) report an average 36% drop in sales revenue. For an industry with an average profit margin of 5%-6%, this is simply unsustainable83% of full-service operators expect sales to be even worse over the next three months.
  • Although sales are significantly lower for most independent and franchise owners, their costs have not fallen by a proportional level. 59% of operators say their total labor costs (as a percentage of sales) are higher than they were pre-pandemic. 
  • The future remains bleak. 58% of chain and independent full-service operators expect continued furloughs and layoffs for at least the next three months.

Of course it isn’t just the restaurant industry that is laying off workers in large numbers.

Just about every day there are more major layoff announcements in the news, and many experts are expecting the job loss numbers to accelerate as we make the transition into 2021.

Without paychecks coming in, millions of unemployed Americans are unable to pay the bills, and we are being warned that we could be facing a historic tsunami of evictions starting just after the holiday season…

The day after Christmas, the extended unemployment benefits that have kept 12 million people and their families afloat are scheduled to expire. Then, mere days after that cliff, on New Year’s Day, a national ban on renter evictions from the Centers for Disease Control and Prevention is also set to lapse.

Overnight, an unprecedented bill of $ 70 billion in unpaid back rent and utilities will come due, according to estimates by Moody’s Analytics Chief Economist Mark Zandi. In all, up to 40 million people could be threatened with eviction over the coming months, research from the Aspen Institute says.

The politicians insist that they are keeping us caged up for our own good, but the truth is that they are absolutely destroying millions upon millions of lives in the process.

There is a lot of debate about whether or not the lockdowns have helped to prevent the spread of the virus, but what we do know is that thousands of businesses have been permanently destroyed, millions of jobs have been lost, more people are committing suicide, and Americans are increasingly engaging in self-destructive behaviors

Overall, one in three Americans report binge drinking during the coronavirus pandemic. The average person also reports spending about four weeks in lockdown this year; spending 21 hours a day at home. More than seven in 10 people in the survey did not even leave their home for work.

If we cannot even handle the COVID pandemic, how in the world is our society going to be able to handle what else is coming?

As things continue to unravel all around us, people are going to be in great need of hope.

Millions of Americans are already in “survival mode”, and the road ahead is certainly not going to get any easier.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post Bracing For A Very Painful Year: 38% Of Americans Say That They Will Spend 2021 In “Survival Mode” appeared first on The Economic Collapse.

The Economic Collapse

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#survival #prepping #prepper Can Employers Fire Any Employees That Choose Not To Take The COVID Vaccine?

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Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

A COVID vaccine is not even available yet, but the mainstream media is already full of stories about whether or not it is legal for employers to fire employees that refuse to take it.  To me, this is not even a debate that we should be having.  It would be fundamentally anti-American and morally reprehensible for any employer to fire someone for choosing not to get vaccinated.  Unfortunately, the mainstream media does not see things that way, and they are interviewing lots of legal experts that are assuring employers that it is perfectly legal to fire people that don’t want to get vaccinated.  For example, the following comes from a CNBC article

“In general, yes, employers are able to mandate the vaccine when it becomes available with, of course, a bunch of caveats,” says employment lawyer Lindsay Ryan, listing possible exemptions for those with specific medical conditions and those with sincerely held religious convictions.

If religious convictions really did protect employees, that would be great.

From my perspective, any employee that refuses to get vaccinated based on a sincerely held religious conviction should definitely be shielded from being fired under federal law.

Unfortunately, the CNBC article goes on to explain why federal law is probably not going to protect any person of faith from mandatory vaccination requirements…

Ryan emphasizes that state laws regulating what constitutes reasonable accommodations for religious groups vary significantly, but that “under federal law, employers don’t have to grant a religious accommodation if doing so would result in more than a de minimis cost to the operation of the business.”

De minimis” is Latin for “of minimum importance” and is used in law to refer to a total so small that it is not even recognized. Given how significantly the pandemic has impacted businesses, Ryan says “this is a pretty low standard.” Meaning, many employers will likely have legal ground to require vaccination.

In other words, under federal law there is hardly any protection at all for workers that wish to refuse the COVID vaccine.

Other major news outlets have been publishing similar stories.  This excerpt comes from a piece that was published by Reuters

Gostin and five other health law experts said private companies in the United States have broad liberties to set health and safety standards, which would allow them to mandate vaccinations as a condition of employment with some exceptions.

It is almost as if there is a coordinated effort to make employers across the country aware that they can issue such mandates.

A little over a decade ago, the U.S. Occupational Safety and Health Administration ruled that employers could make vaccines mandatory during the swing flu pandemic, but of course that crisis faded rather rapidly and so very few employers actually went in that direction.

But now it appears that COVID-19 is going to be with us for quite a while, and some employers have already decided that they are going to make vaccination mandatory for all employees

Just a few months into the coronavirus pandemic, Holly Smith had already made up her mind. She was not going to reopen her restaurant to diners until there was a vaccine. She just didn’t think it was safe. When she shared the decision with her staff, they asked: Would the vaccine be mandatory?

Yes, she said. It would be.

“I’m not going to open until I can indeed be sure that everyone on my staff is vaccinated,” says Smith, chef and owner of Cafe Juanita in Kirkland, Wash. “The immediate people on the team — you’ve got to take care of them. If you don’t take care of them, they cannot help you take care of business.”

If some of her employees do not want to take the vaccine, they will be hitting the bricks.

And as I have detailed repeatedly in recent weeks, it is not easy to find another job in this economy.

The good news is that most employers will likely be hesitant to mandate vaccines because of the potential of pushback from their employees.  According to a recent Gallup survey, 42 percent of all Americans do not plan to get a COVID-19 vaccine…

Americans’ willingness to be vaccinated against COVID-19 rebounded a bit in October, as seen in Gallup polling conducted before Pfizer/BioNTech and Moderna made promising announcements about the likely effectiveness of their coronavirus vaccines. Fifty-eight percent of Americans in the latest poll say they would get a COVID-19 vaccine, up from a low of 50% in September.

It is estimated that there are 328 million people living in the United States right now, and 42 percent of 328 million is 137 million.

If those 137 million people stand up for their God-given rights, we almost certainly will not see widespread vaccine mandates.

But will they?

We shall see.

In the months ahead, there is going to be so much public pressure to get vaccinated, and the CDC plans to aggressively promote their vaccination campaign.

They even plan to distribute “buttons or stickers” so that people that have been injected can advertise that fact to others…

The Centers for Disease Control and Prevention is planning to offer health care providers a template they can use to print buttons or stickers that would advertise a person’s vaccination status. The idea is that the button would be handed out to patients after they receive their vaccination shots.

The effort is part of a “toolkit” that the CDC plans to provide healthcare systems to “educate and promote vaccination,” a CDC spokesperson told ABC News.

In addition, within the past few days Barack Obama, George W. Bush, Bill Clinton and Joe Biden have all committed to being vaccinated publicly

President-elect Joe Biden said he would publicly take a vaccine when it’s available to encourage the public to get vaccinated, joining three former presidents who recently pledged to do the same.

Biden said he’d “be happy” to join former Presidents Barack Obama, George W. Bush and Bill Clinton in getting the vaccine in public to prove it is safe.

That would seem to be quite a public relations coup for the pharmaceutical companies, but if any of them has any sort of an adverse reaction to the vaccine it will rapidly transform into a public relations nightmare.

Of course the truth is that nobody really knows what the long-term side effects of taking COVID vaccines will be for the population as a whole.

As I have discussed previously, this entirely new class of mRNA vaccines has never been tried before, and those that line up first to get a COVID vaccine will be the guinea pigs.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post Can Employers Fire Any Employees That Choose Not To Take The COVID Vaccine? appeared first on The Economic Collapse.

The Economic Collapse

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#survival #prepping #prepper The Economic Collapse Hits Home: Feeding America Says 1 Out Of 4 U.S. Children Could Suffer From Hunger By The End Of 2020

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There are approximately 74 million children in the United States, and right now millions upon millions of them do not have enough to eat.  The economic collapse that has started in 2020 has been brutal for most of the nation, but it has hit children particularly hard.  If their parents lose their jobs, there is nothing that they can do except hope that government handouts and the kindness of others will be enough.  Unfortunately, way too often they are not enough, and at this point Feeding America is projecting that one out of every four children in America could suffer from hunger by the end of this calendar year

By the end of this year, more than 50 million people could experience food insecurity, according to Feeding America, the country’s largest hunger-relief organization. That’s one in six Americans and one in four children—nearly a 50 percent increase from 2019. A Northwestern University study in June found that food needs had doubled nationally, and tripled for households with children. The pandemic has laid bare how many people are one paycheck or medical bill away from hunger.

Prior to the pandemic, more than 20 million children were at least getting free or reduced price lunches at school.  When lockdowns force the closing of schools, that just makes the hunger crisis even worse

“There are 22 million children who even before this pandemic relied upon free and reduced lunch,” said Claire Babineaux-Fontenot, the CEO of Feeding America. “When you hear that schools are closed, not only does that mean that there are challenges for children with an education, but it also means lost meals.”

The good news is that the U.S. has a vast network of food banks all over the country, and they have been able to help more people than ever this year.

According to Feeding America, their food banks have “seen a 60 percent increase in demand” compared to last year.

But the bad news is that there simply is not going to be enough food if demand continues to soar in the months ahead.  In Alabama, demand at one food pantry has risen 20 percent just since last month…

In central Alabama, demand at the Grace Klein food pantry is up 20% since last month. “It could be the rumours of civil unrest or the rise in Covid cases driving demand, but people are living off this food,” said director Jenny Waltman. The pantry is currently serving about 12,000 people each week, compared with 2,500 a week before the pandemic. The 200 volunteers and staff are exhausted, said Waltman.

At one of Chicago’s most important food pantries, the amount of food given out is up 237 percent compared to last year, and the CEO of that facility says that the new lockdowns are causing demand to start to surge once again

In Chicago, the Lakeview pantry has provided groceries for 237% more people so far this year compared to 2019, with demand “ramping up again” after leveling off slightly over the summer, according to CEO Kellie O’Connell. “The pandemic has brought to light how normal wasn’t working for so many people, especially black and brown communities.”

And in California, the head of the Tulare County food bank says that “a food cliff is looming” because demand is becoming so intense…

In rural California, s at least one food bank braced for a “food cliff” that could leave it unable to serve clients heading into the new year.

“The food cliff is looming,” said Nicole Celaya, executive director of Tulare County FoodLink. “The food system hasn’t done a very good job of meeting the increased need. As COVID numbers continue to rise, it’s going to get worse.”

All over America people have been sleeping in their vehicles and waiting for hours just to get handouts from their local food banks.

If economic conditions continue to get even worse, many food banks will soon not have any hope of meeting the crushing demand.

Unfortunately, the truth is that economic conditions are getting worse with each passing day.  This new wave of lockdowns is causing more businesses to fail and forcing more layoffs, and that is going to mean that a whole lot more people will soon fall into poverty.

I don’t know why the politicians would want to institute more lockdowns after the immense damage that the first wave of lockdowns created.  Hundreds of thousands of businesses closed down for an extended period of time, and a significant percentage of them have never reopened

Other data from the University of California Santa Cruz shows the number of closures could be even higher, with more than 316,000 businesses closed between February and September, which puts the number of daily closures at 1,500 a day.

Meanwhile, the New York Post recently reported that Harvard-run database TrackTheRecovery.org showed 27.8% of small businesses in New York haven’t reopened their doors since January. In New Jersey, 31.2% remain closed. The national average, according to the database, is 29.8%.

Instead of heading for some sort of a “recovery”, now we are heading into a “dark winter” in which countless more businesses will be shuttered.

It is hard to imagine that the lines at the food banks could get even longer, but that appears to be exactly what we could be facing.

In fact, one recent survey found that over half of all U.S. households with children are “not very confident” that they will be able to buy the food that they need in the weeks ahead…

Looking ahead to the next four weeks, 56% of households with children nationwide are “not very confident” they will be able to afford needed food. Nine percent said they are “not at all confident.”

In Pennsylvania, 52% of households are “not very confident”; in New Jersey, the number is 55%.

This is what an economic collapse looks like, and what we have experienced so far is just the beginning.

We are entering a time when there is going to be such widespread economic despair, and we are all going to have to take care of one another if we hope to make it through this storm.

Decades of incredibly foolish decisions are catching up with our nation, and most Americans are completely and utterly unprepared for the very painful times which have now commenced.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The Economic Collapse Hits Home: Feeding America Says 1 Out Of 4 U.S. Children Could Suffer From Hunger By The End Of 2020 appeared first on The Economic Collapse.

The Economic Collapse

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#survival #prepping #prepper Yes, This Makes Perfect Sense: Cities All Over America Are Slashing Police Budgets As Crime Rates Soar

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If violent crime rates are surging, should the police get more funding or less funding?  You would think that the answer should be obvious, but unfortunately major cities all over the nation are choosing to significantly reduce police budgets right now.  With less police on the streets, criminals are going to have even more freedom to terrorize urban communities, and that will likely accelerate the mass exodus out of our major cities that we have already been witnessing.  It is so sad to watch so many of our once great cities degenerate into crime-ridden, gang-infested war zones, and the fact that our economy is crumbling so rapidly is just going to make things even worse.

Let me illustrate what I am talking about by giving you some specific examples.  In Seattle, the city council just voted to reduce the police budget by 69 million dollars

The city council voted last week to slash about $ 69 million in funding for officer training, salaries and overtime, and get rid of vacant positions in the police department as well as transfer parking officers, mental health workers, and 911 dispatchers out of the department. The goal is to ultimately reinvest in alternatives to police in situations such as mental health crises.

Of course this comes at a time when crime rates have been steadily rising in the city.  In fact, there have already been more than 8,400 reported burglaries so far this year…

Meanwhile, Seattle had seen 55 murders this year as of Monday, the highest level since at least 2008, the last year of data available. The troubled city is also suffering a spike in violent crime, with 8,418 burglary incidents, up from to 7,634 last year, according to police.

In New Orleans, police funding is being reduced by 11 million dollars and a new furlough policy is causing many officers to leave the force entirely…

New Orleans Police Chief Shaun Ferguson says as he deals with rising homicide and carjacking rates, the city’s furlough policy is causing him to lose officers.

The NOPD is being forced to take an $ 11 million budget cut in the year ahead.

Meanwhile, homicides are up 60 percent this year, and carjackings are up “more than 100 percent”

He told the city council that most of those who left last week blamed city imposed furloughs that cause officers to lose two days of pay each month. The furloughs come as the city deals with a 60 percent rise in homicides and a more than 100 percent jump and carjackings.

In Minneapolis, the politicians are still squabbling about how much they want to take out of the police budget…

Minneapolis Mayor Jacob Frey and Police Chief Medaria Arradondo on Monday rebuffed a proposal by three City Council members to cut the Minneapolis police budget by nearly $ 8 million, with Frey calling the plan “irresponsible and untenable” amid a year of rising violent crime and a shrinking police force.

Why they would want to take any money away from the police is a mystery, because carjackings in the city are up a whopping 537 percent in 2020…

Within a one-hour period Saturday morning, police reported three separate carjackings in southeast Minneapolis, including one where an elderly woman was struck on the head. The often brazen, daytime attacks are up 537% this month when compared with last November, said police spokesman John Elder.

If carjackings are up 537 percent, your city is officially out of control.  I have relatives that live in Minneapolis, and it has been heartbreaking to watch what has happened to a city that was once so peaceful.

In Los Angeles, the police budget was slashed by 150 million dollars this year.

Yes, you read that correctly.

Is it just a coincidence that people are now being gunned down all over the place in many parts of the city?…

Killings are up 25% over last year and shootings are up more than 32%, mirroring increases in violence that are driving concerns in big cities across the nation. Last week, a pregnant woman was gunned down. Children and elderly residents have been killed. Of all the year’s victims, nearly 20% have been homeless. Gangs are suspected in many cases.

I could go on and on, but I think that you get the point.

In this sort of an environment, an execution in broad daylight that is captured on camera barely makes a blip in the news

New Jersey-based rapper Tripple Beanz was walking to his SUV in Newark on Friday when he was confronted by two masked gunmen and shot dead execution-style in broad daylight.

The cold-blooded killing of the 29-year-old recording artist, born Corey Thompson, was caught on surveillance video, which showed his attackers fire multiple shots at the victim as he rolled on the ground.

Why didn’t Corey Thompson’s death get much attention from the media?

It is because people are being gunned down all over the country on a constant basis.  It has become so common that such incidents are no longer newsworthy.

And those that have read my new book already know that the violence is only going to escalate in the years ahead.

100 years ago, young people in America didn’t act like this, and that is because they were raised much differently.

When you put garbage in, you are going to get garbage out.  We have filled the minds of our kids with the most horrible things you can imagine, and it gets worse with each passing year.

A lot of people think that “education” is the answer, but our schools are some of the biggest offenders when it comes to corrupting young minds.  In fact, it is being reported that administrators all over the country are now spending enormous mountains of money to promote the “woke agenda” in our public schools.

In a society that is starting to spiral out of control, a strong police presence is more necessary than ever before.

Unfortunately, those on the radical left will continue to push to defund the police no matter how high crime rates go.

This is going to have disastrous consequences from coast to coast, and many of our major cities will never be the same again.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post Yes, This Makes Perfect Sense: Cities All Over America Are Slashing Police Budgets As Crime Rates Soar appeared first on The Economic Collapse.

The Economic Collapse

Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

#survival #prepping #prepper After This New Wave Of Lockdowns, Most People Will Accept Any “Solution” Because They Will Be So Desperate

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Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

When people become desperate enough, those in power can get most of them to do just about anything.  The first wave of lockdowns knocked us into the worst economic downturn since the Great Depression of the 1930s, it sent suicide rates soaring all over the globe, and it plunged millions upon millions of ordinary citizens into a deep state of despair.  Now another wave of lockdowns is being instituted all over the planet, and this is going to perfectly set the stage for the “solutions” that the elite plan to offer all of us in 2021.

It has been said that if you want people to be willing to accept a solution, first you have to make them realize that they have a problem.

And once this “dark winter” finally ends, almost everybody will be absolutely desperate to return to their “normal” lives.

With each passing day, more extremely harsh restrictions are being imposed.  For example, a brand new “stay at home order” was just issued in Los Angeles County

All public and private gatherings with anyone outside a single household are now banned in Los Angeles County, as most of the country grapples with an unprecedented surge of Covid-19.

The ban will last three weeks, starting Monday and ending December 20.

It would be nice if the lockdown actually does get lifted before the end of the year, but for at least the next three weeks all 10 million people living in L.A. County will be forced “to stay home as much as possible”

All 10 million residents are asked to stay home as much as possible and wear face masks when outside — even when exercising at the beach and parks, said the Los Angeles County Department of Public Health, which issued the order last week.

On top of that, California Governor Gavin Newsom is warning that he may soon impose “much more dramatic, arguably drastic” restrictions for the entire state…

California Gov Gavin Newsom just warned that more drastic steps could be taken to contain the virus after the state reported another 15k+ new cases yesterday. The Golden State could be facing “much more dramatic, arguably drastic” measures to contain the spread of the virus. The state also broke its record for hospitalized patients yesterday: The state reported 7,415 coronavirus hospitalizations, with more than 1,700 of those patients in ICUs. The number of hospitalizations broke the state’s previous record of 7,170 in July.

Unfortunately, we are witnessing similar craziness all over the nation.  In New Mexico, the new restrictions that were just instituted created so much panic that people were soon waiting for hours just to get into a supermarket to shop for food…

New Mexico Gov. Michelle Lujan Grisham (D) has put immense pressure on businesses with her “abrupt” lockdown order – forcing “nonessential” businesses to close and creating what has been dubbed “modern breadlines” — with people waiting 2-4 hours to enter essential retailers, former GOP Senate candidate Elisa Martinez explained during an appearance on Breitbart News Saturday.

After seeing what the first round of lockdowns did to our nation, why would these politicians want to do it again?

More than 70 million Americans have filed unemployment claims so far in 2020, more than 40 million could be facing eviction in 2021, and there has been a dramatic spike in suicides during this pandemic.

When a 90-year-old woman named Nancy Russell found out that another lockdown was happening in her area, she decided to opt for assisted suicide

According to CTV News, a 90-year-old woman living in Toronto took her own life via medically assisted suicide, the choice made in large part due to the second surge of coronavirus cases and a looming period of increased restrictions.

As I keep reminding my readers, there is always hope if you look at the bigger picture and suicide is never the answer to anything.

Unfortunately, most people are not getting a message of hope from the mainstream media, and Russell decided that the months ahead were going to be too bleak in her nursing home for her to be able to handle…

Residents eat meals in their rooms, have activities and social gatherings cancelled, family visits curtailed or eliminated. Sometimes they are in isolation in their small rooms for days. These measures, aimed at saving lives, can sometimes be detrimental enough to the overall health of residents that they find themselves looking into other options.

Just as we are hitting a low point with this pandemic, authorities all over the globe are announcing that vaccines will soon be available.

In fact, it is being reported that as many as ten different vaccines could be available by the middle of 2021…

Ten COVID-19 vaccines could be available by the middle of next year if they win regulatory approval, but their inventors need patent protection, the head of the global pharmaceutical industry group said on Friday.

As soon as the public can get them, it is inevitable that millions upon millions of people will rush out to get their shots so that they can return to their “normal” lives.

But what they aren’t telling you is that these new vaccines are entirely different from vaccines that you may have gotten previously.

These new mRNA vaccines will actually “hijack” your cells if you take them…

When Moderna was just finishing its Phase I trial, The Independent wrote about the vaccine and described it this way: “It uses a sequence of genetic RNA material produced in a lab that, when injected into your body, must invade your cells and hijack your cells’ protein-making machinery called ribosomes to produce the viral components that subsequently train your immune system to fight the virus.”

“In this case, Moderna’s mRNA-1273 is programmed to make your cells produce the coronavirus’ infamous coronavirus spike protein that gives the virus its crown-like appearance (corona is crown in Latin) for which it is named,” wrote The Independent.

Under normal circumstances, very few people would sign up to have their cells “hijacked”, but at this point millions upon millions of people will be so desperate for a “solution” that they will take a vaccine no matter what the long-term consequences might be.

And if you don’t take one of the vaccines, you may soon find that you aren’t able to fly internationally

The International Air Transport Association (IATA) announced this week it is in the final phase of development for what it hopes will be universally accepted documentation that in turn could boost confidence among wary travelers.

The digital health pass would include a passenger’s testing and vaccine information and would manage and verify information among governments, airlines, laboratories and travelers.

If these new “digital vaccine passports” are implemented for international travel, it is probably just a matter of time before they are required for domestic travel as well.

Of course there are lots of people out there that are trying to sound the alarm about all of this, but UN communications director Melissa Fleming says that her organization has already recruited an army of “110,000 information volunteers” to combat the spread of “misinformation”…

Fleming told the World Economic Forum that #PledgetoPause and Verified have “recruited 110,000 information volunteers” thus far. She said “we equip these information volunteers with the kind of knowledge about how misinformation spreads and ask them to serve as kind of ‘digital first-responders’.” Fleming has stated elsewhere that the UN has “reached out to Member States, UN media partners, celebrity supporters” and “businesses” “to help us disseminate to the millions we will need to reach” with the campaign.

They want to control what you think as they lead you into a dystopian future that will ultimately turn into a complete and utter nightmare.

The truth is that none of us will be going back to our “normal lives” ever again.

But the elite will continue to hold that carrot out there in order to get you to do what they want, and millions upon millions of people will fall for it.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post After This New Wave Of Lockdowns, Most People Will Accept Any “Solution” Because They Will Be So Desperate appeared first on The Economic Collapse.

The Economic Collapse

Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

#survival #prepping #prepper America’s Pride In The Economy Is About To Be Greatly Shaken As Tens Of Millions Face Eviction In 2021

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Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

Unless there is emergency intervention, tens of millions of Americans could be facing eviction once the holiday season is over.  We kicked the can down the road throughout 2020, but all of the rent that was originally owed to landlords all over the country is still due, and they are very eager to collect.  Countless landlords are on the verge of financial ruin because of the rent moratoriums which were put in place, and kicking the can down the road even more would be absolutely disastrous for them.  Of course it would also be absolutely disastrous if the moratoriums are not extended, because in some states more than half of all households are behind on their rent or mortgage payments, and most of them have no way to pay.

One way or the other, we are about to hit a breaking point.  The Aspen Institute is telling us that a whopping 40 million people “could face eviction over the next several months”

According to research by the Aspen Institute, nearly 40 million Americans could face eviction over the next several months. The only thing holding back the flood right now is the CDC’s eviction moratorium order and a patchwork of state and local protections for renters.

But these moratoriums are only kicking the can down the road. Chief economist for Moody’s Analytics Mark Zandi told the Washington Post that tenants could owe nearly $ 70 billion in back rent by year’s end. And for landlords left holding the bag, there’s been little relief, as they’ve been forced to take on the role of government — subsidizing housing for millions even as their own taxes, mortgage payments, and other expenses are due.

That is about 12 percent of the entire country.

If they get evicted, where are they going to go?

Into the streets?

Vox recently interviewed a 48-year-old Texas resident named “Kimberly”, and she says that is exactly where she is headed if she gets evicted…

But after Covid-19 hit, she lost hours at her job as a crew trainer at Raising Cane’s Chicken Fingers and found herself on the brink of financial collapse. She fell behind on her rent and when she tried to work with her landlord to set up a repayment plan, she told Vox that she was served an eviction notice. Now, the only thing keeping her in her home is the Centers for Disease Control and Prevention’s (CDC) national eviction moratorium, which prohibits landlords from evicting qualifying tenants for failing to make rent.

If she’s evicted, Kimberly says she has nowhere to go — and will be homeless for the second time in five years.

And there are countless others out there that are just like her.

According to Zero Hedge, “at least half of households in Arkansas, Florida and Nevada are not current on rent and mortgage payments”.

We have never seen anything like this in modern American history, and the new lockdowns that are being instituted across the nation will just make things even worse.

Of course there are many Americans that will be able to move in with family, and this has already been happening in very large numbers.  In particular, young people are moving back in with their parents on a massive scale.  According to the Pew Research Center, “a majority of young adults in the U.S. live with their parents for the first time since the Great Depression”.

The phrase “since the Great Depression” has been popping up a lot lately, hasn’t it?

That is because this is literally the first economic depression that the U.S. has experienced since that time.

Everywhere we look, we can see the sort of economic devastation that I have been warning was coming for a very long time.

In New Jersey, approximately one-third of all small businesses “have closed down in 2020”

A third of small businesses in New Jersey have closed down in 2020, according to a report from The Star-Ledger newspaper.

“It’s really bad… And without federal dollars coming into New Jersey, the Main Street stores and other establishments are not gonna make it through the winter.” said Eileen Kean, the state director of the National Federation of Independent Business.

New Jersey’s number is higher than the national average, but not by very much.

Of course Atlantic City has been hit particularly hard because it is so dependent on tourism.  At this point, it is being called “the city without a pulse”

The boardwalk is empty, the beaches are deserted, and the casinos, though partially reopen, are limping into their fifth month of severely curtailed operations after four months of shutdowns. The coronavirus pandemic skewered the economic engine of this beachside town, taking the city’s vibrancy and its residents’ livelihoods out with it.

Sadly, things are inevitably going to get worse in the months ahead thanks to the new lockdowns.  The number of Americans filing new claims for unemployment has risen significantly for the past two weeks, and more bad weeks are almost certainly ahead.

Needless to say, rising unemployment will mean more Americans being pushed out of their homes and more Americans being pushed into poverty.  According to a survey that was released in October, the number of Americans living in poverty has risen by 8 million since May…

The number of Americans living in poverty grew by 8 million since May, according to a Columbia University study, which found an increase in poverty rates after early coronavirus relief ended without more to follow.

Although the federal Cares Act, which gave Americans a one-time stimulus check of $ 1,200 and unemployed workers an extra $ 600 each week, was successful at offsetting growing poverty rates in the spring, the effects were short-lived, researchers found in the study published Thursday.

Of course that number is more than a month old, and so the true number of Americans that have been forced into poverty is substantially higher by now.

This is what an economic collapse looks like, and even worse days are ahead of us.

The good news is that those that were warned in advance that an economic collapse was coming had time to make preparations for this sort of a scenario.

But most Americans never wanted to listen to the warnings, and so now they find themselves in the middle of a storm without an umbrella.

Unfortunately, what we have experienced so far is just the leading edge of the storm, and most people still do not realize that.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post America’s Pride In The Economy Is About To Be Greatly Shaken As Tens Of Millions Face Eviction In 2021 appeared first on The Economic Collapse.

The Economic Collapse

Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

#survival #prepping #prepper We Haven’t Seen This Much Suffering On Thanksgiving Since The Great Depression Of The 1930s

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Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

In my entire lifetime, there has never been a Thanksgiving like this.  39 million Americans don’t have enough to eat right now, more than 70 million claims for unemployment benefits have been filed so far during this calendar year, and people are waiting in line for hours at food banks all over the nation just for some Thanksgiving handouts.  If you and your family have plenty of turkey to eat, you should be very thankful, because many Americans can no longer even take Thanksgiving dinner for granted these days.  On Tuesday, vehicles were lined up for hours in New Jersey as people waited to receive prepackaged Thanksgiving meals at a local food bank…

Video obtained by CNN on Tuesday from the Meadowlands entertainment complex in New Jersey showed residents waiting for several hours to obtain prepackaged boxes of meals for the Thanksgiving holiday.

“If it wasn’t for this place, we wouldn’t know where we would get our food,” one distraught woman told CNN of the food bank in East Rutherford, N.J.

Of course we have been seeing similar wait times all over the nation.  At one food bank in Texas, demand for Thanksgiving meals was more than eight times higher than normal

Food bank officials in Dallas, Texas, have also noticed a staggering increase in demand for food assistance. North Texas Food Bank representatives told the Dallas Morning News that they handed out roughly 8,500 meals to local families during a giveaway on Saturday that in years past has seen fewer than 1,000 show up for donations.

You can see a stunning photograph of vehicles lined up for that food distribution event right here.

There are a lot of really nice vehicles in that picture.  Many of those individuals are probably accustomed to living comfortable middle class lifestyles, but just like I warned in my new book they are “suddenly” in need of food because this economic downturn has turned their worlds completely upside down.

Yes, there have always been hungry people in America, but what we are witnessing now is hard to fathom.  According to the U.S. Census Bureau, approximately 12 percent of all Americans did not have enough food to eat between October 28th and November 9th…

As the coronavirus pandemic continues to surge, more Americans are reporting going hungry, a Washington Post analysis found.

In data collected by the Census Bureau between Oct. 28 and Nov. 9, around 12 percent of all American adults reported not having enough food to eat, a figure higher than at any other point since the pandemic began earlier this year.

It is estimated that the current population of the United States is 328 million.

If you take 12 percent of 328 million, you get more than 39 million Americans that are going hungry right now.

And this is just the beginning.  Thanks to the new lockdowns that are being instituted all over the country, the number of Americans that are filing for unemployment benefits is starting to rise again

The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.

The Labor Department’s report Wednesday said jobless claims climbed from 748,000 the week before. Before the virus struck hard in mid-March, weekly claims typically amounted to roughly 225,000.

Overall, more than 70 million new claims for unemployment benefits have been filed in 2020.

As I discussed yesterday, we have never seen anything like this before in all of U.S. history.

At this point, even Hollywood is conducting mass layoffs.  More job loss announcements just keep rolling in with each passing day, and I expect that to continue all throughout the very dark winter ahead.

Other economic numbers also tell us that the U.S. economy is definitely heading in the wrong direction

The data firm Womply says that 21% of small businesses were shuttered at the start of this month, reflecting a steady increase from June’s 16% rate. Consumer spending at local businesses is down 27% this month from a year ago, marking a deterioration from a 20% year-over-year drop in October, Womply found.

If you think that anyone is going to be able to wave a magic wand and fix this mess, you are just being delusional.

There are millions upon millions of Americans that have already been pushed to the breaking point by this pandemic.  One of those individuals is a 38-year-old California resident named Andrew Lee

“I’ve exhausted all of my unemployment benefits. I’ve had to resort to food stamps and [California’s Medicaid program] for the first time in my life. I’m backdated on my rent and my credit has been ruined,” said 38-year-old Andrew Lee, who lives in a suburb of Los Angeles with his wife and two children.

Lee lost his job as a business development director several months before the pandemic. But once it hit, it became that much harder to find work. And he didn’t initially qualify for any pandemic-related unemployment benefits.

His car has been repossessed and his wife’s car has also been repossessed.

So even if they could find jobs, how are they supposed to get to work?

Lee is just like so many other hurting Americans.  First he ran through all of his savings, and then he started relying on his credit cards.

Now that his unemployment benefits have been exhausted, he is out of options, and his family is a step or two from becoming homeless.

In the months ahead, tens of millions of others will find themselves facing similar scenarios.

This is what an economic collapse looks like.  The United States hasn’t had to face anything like this since the Great Depression of the 1930s, and what we have experienced so far is just the start.

In 2019, I received quite a bit of criticism because the economy was relatively stable and to many people it seemed like an “economic collapse” was not even remotely a possibility.

But now an economic collapse has officially arrived, and all of the things that I have been warning about are starting to happen one right after the other.

The “perfect storm” is upon us, and most Americans still do not understand the horrors that lie ahead.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post We Haven’t Seen This Much Suffering On Thanksgiving Since The Great Depression Of The 1930s appeared first on The Economic Collapse.

The Economic Collapse

Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

#survival #prepping #prepper The Dow Just Hit 30,000, But Meanwhile The Real Economy Is Having A Meltdown

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Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

Did you hear the good news?  The Dow Jones Industrial Average hit 30,000 for the first time ever this week.  In the midst of the worst economic downturn since the Great Depression of the 1930s, the stock market has been soaring to heights that we have never seen before.  What we have been witnessing is completely insane, but I suppose that if the entire system is utterly doomed, we might as well go out with a bang.

I have often said that the stock market has become entirely detached from reality, and that statement has never been truer than it is right now.

For the companies listed on the S&P 500, profits are down about 48 percent compared to last year.  But fundamentals do not seem to matter in the giant casino that Wall Street has become.

Instead, the key is to create as much buzz and speculation around your company as possible.  In this type of environment, a mirage known as “Tesla” can be worth more than all of the other major automakers in the entire world combined

The electric car maker’s shares continued to climb more than 4% on Tuesday, increasing its total market value above $ 500 billion for the first time. Tesla’s market cap rose to more than $ 520 billion Tuesday afternoon.

Tesla (TSLA) is now worth more than the combined market value of most of the world’s major automakers: Toyota (TM), Volkswagen (VLKAF), GM (GM), Ford (F), Fiat Chrysler (FCAU) and its merger partner PSA Group (PUGOY).

Anyone that believes that Tesla is actually worth 500 billion dollars is probably clinically insane.

But of course there are hundreds of other big corporations that are wildly overvalued at the moment as well.

Meanwhile, the real economy continues to implode.  According to Fox Business, we are facing “a tidal wave of evictions at the end of the year”…

The U.S. is facing a tidal wave of evictions at the end of the year unless the federal government, in the eleventh hour, extends key pandemic-related protections for millions of renters and homeowners.

More than 5.8 million adults say they are somewhat to very likely to face eviction or foreclosure over the course of the next two months, according to a U.S. Census Bureau survey completed Nov. 9. That represents about one-third of the 17.9 million Americans who were behind on their rent or mortgage payments last month.

The reason why millions upon millions of Americans are in danger of losing their homes is because we have seen an unprecedented tsunami of unemployment in 2020.

More than 70 million Americans have filed new claims for unemployment this year, and there has never been another year in all of U.S. history when we have even seen half that number.

This absolutely massive wave of job losses has pushed millions of Americans into poverty, and hunger is on the rise all over the country.  The following comes from Simon Black

New York City is up 33% this year. St. Louis is up 66%. In Oregon it’s up 100%.

I’m not talking about real estate prices, local budget gaps, or even property tax rates.

These are the startling increases in the number of people across the country, and the world, who are in need of food.

But at least the stock market is doing well, right?

In Texas, the CEO of one food bank says that the number of people that they are helping has doubled this year

Eric Cooper, CEO of the San Antonio Food Bank, told CNBC that his Texas food bank now feeds double the amount of people it used to compared to before the coronavirus pandemic gripped the United States.

“Pre-pandemic we fed about 60,00 people a week and now we’re seeing about 120,000 per week, and most of those are new to the food bank, and have never had to ask for help before,” Cooper said during a Tuesday evening interview on “The News with Shepard Smith.”

And what makes all of this even more heartbreaking is the fact that most of the households that need assistance have children living at home.  Just check out these numbers from Washington state

Nearly one-third of Washington households have struggled to get enough to food at some point since the start of the coronavirus pandemic, a new study found.

Of the 30% of households that experienced food insecurity, 59% had children living at home, according to the Washington State Food Security Survey, put together by a team of professors and researchers at Washington State University, the University of Washington and Tacoma Community College.

Now another wave of lockdowns is being instituted all over the nation, and that is going to take the level of economic suffering in this country to an even higher level.

For many workers, being laid off just before the holidays is especially painful

Waiters and bartenders are being thrown out of work – again – as governors and local officials shut down indoor dining and drinking establishments to combat the nationwide surge in coronavirus infections that is overwhelming hospitals and dashing hopes for a quick economic recovery.

And the timing, just before the holidays, couldn’t be worse.

Can you imagine just barely making it through the first round of lockdowns and then being told that you have to do it again?

This is the reality that so many Americans are facing at this moment.  For example, this is what 34-year-old Tracey Grey told CBS News about her situation…

My savings are depleted. If 10 of my clients cancel their membership, right now, I’m done. When I say I’m literally just making it, I am literally just making it. I’m one paycheck away and that’s not even an exaggeration.

Now more than ever, the stock market is not a barometer for the health of the overall economy.  The truth is that an economic collapse has begun, and over time it will get much, much worse.

But for the moment, nothing you can say will keep the ultra-wealthy from feeling euphoric as they monitor their rapidly rising stock portfolios.

For them, this will definitely be a very happy Thanksgiving.

But for most of the rest of the country, the current state of affairs is nothing to smile about.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The Dow Just Hit 30,000, But Meanwhile The Real Economy Is Having A Meltdown appeared first on The Economic Collapse.

The Economic Collapse

Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)

#survival #prepping #prepper The U.S. Dollar Is Being Systematically Destroyed, And We Are On A Path That Inevitably Leads To Hyperinflation

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If we keep treating the U.S. dollar like it is toilet paper, it is just a matter of time before our entire financial system goes down the tubes.  At this moment, the dollar is still the primary reserve currency of the world, and the fact that we control it is an absolutely massive advantage for us.  Because the rest of the globe uses dollars to trade with one another, that creates a tremendous amount of artificial demand for our currency, and it keeps the value of our currency elevated at a level that it much higher than it otherwise would be.  But now that we are starting to act like the Weimar Republic in their heyday, it is only going to be a matter of time before everyone else on the planet starts abandoning the U.S. dollar in droves.  We are literally killing our “golden goose”, and most Americans do not even understand what is happening.

The remarks that John Williams made about hyperinflation during a recent interview with Greg Hunter have created quite an uproar, but the truth is that Williams is right on target.

We are on the exact same path that Zimbabwe, Venezuela and so many others have already gone down, and the very foolish decisions that we have been making are only going to end in complete and utter disaster.

To illustrate what I am talking about, I would like to direct your attention to what has happened to M2 during this calendar year.  For those that are not familiar with M2, here is a definition that comes from Investopedia

M2 is a calculation of the money supply that includes all elements of M1 as well as “near money.” M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, mutual funds, and other time deposits. These assets are less liquid than M1 and not as suitable as exchange mediums, but they can be quickly converted into cash or checking deposits.

As you can see on this chart, the M2 curve has been rising at an exponential pace in 2020.  In fact, since the pandemic started the curve has nearly gone vertical…

If we keep doing this, we won’t be facing a major financial disaster years from now.

Rather, it will just be a matter of months before the wheels start coming off.

But our leaders do not have any intention of changing course now.  During 2020 the Federal Reserve has been pumping money into the financial system at a rate that we have never seen before, and they have indicated that they plan to continue to support the financial markets as we head into 2021.

And Chicago Federal Reserve Bank President Charles Evans just said that he expects that interest rates could continue to be pushed all the way to the floor “perhaps into 2024”

Chicago Federal Reserve Bank President Charles Evans said Monday there is still “quite a long ways to go” for the U.S. recovery from the coronavirus crisis, adding that he expects the Fed to keep interest rates at their current near-zero level until perhaps into 2024.

Of course the federal government is going to continue to pump out “stimulus package” after “stimulus package” no matter who is in the White House.  This is a point that John Williams made very strongly during his interview with Greg Hunter

Because they has been so much damage done to the economy, Williams says there will have to be stimulus no matter who eventually makes it into the White House.  Williams contends, “Let’s say Trump gets re-elected.  He’s not going to have any choice but to increase stimulus to try to help the economy and help people.  If Biden takes over, he’s going to have to do the same.  He is already promising massive stimulus.  Where it gets really scary is if the Democrats can take control of the House, the Senate as well as the White House. . . . The stimulus there is going to be unbelievable. . . . The more radical Democrats will just print the money you need and spend whatever you need to spend it on, and don’t worry about it. . . . Whoever gets into power, there is going to be more deficit spending.  It’s just a matter of how radical it will be. . . . There is no way we are escaping massive stimulus for at least the next year and into 2022.”

Virtually everyone likes getting “free money” from the government, but you have probably noticed that the price of just about everything has been going up lately.

And this is just the beginning.  According to Williams, we are literally on the verge of a “hyperinflationary Great Depression”

Williams expects to see some very large inflation because of all the stimulus coming and predicts, “The more left we go, the more rapid will be the demise of the dollar.  Eventually, it will be a hyperinflation in the United States.  What I am looking at here is this evolving into a hyperinflationary Great Depression.  To save yourself, you have to preserve your wealth, your dollar assets.  To do that, you have to convert your dollars into physical gold and silver, precious metals and just hold them.  They will retain value over time as opposed to paper dollars that will effectively become worthless.  You’ll be getting a lot of money from the government, and they will keep giving you more and more and more, but that’s going to be an environment of rising and rising inflation.  It’s not necessarily going to buy you more. . . . Hyperinflation will bring political disruption. . . . Hyperinflation is a form of default.  Gold is telling us hyperinflation is straight ahead of us.”

Needless to say, what Williams is saying is perfectly consistent with the warnings in my new book.

To protect themselves, a lot of investors have been pouring money into gold, silver and other precious metals.

At the start of this year, the price of gold was sitting at $ 1,520.55.  As I write this article, the price of gold is at $ 1824.00.

And actually the rise in the price of silver has been even more dramatic over the course of 2020.

Gold and silver will almost certainly keep rising as the value of the dollar continues to be destroyed, but even those that invest in precious metals are not going to win in the end.

Because the truth is that the complete collapse of our financial system is not going to benefit any of us, and there is going to be no way to avoid such a fate if we keep going down this very dangerous path.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The U.S. Dollar Is Being Systematically Destroyed, And We Are On A Path That Inevitably Leads To Hyperinflation appeared first on The Economic Collapse.

The Economic Collapse

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#survival #prepping #prepper The Great Relocation: Americans Are Relocating By The Millions Because They Can Feel What Is Coming

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This is a really odd time to be having a “housing boom”.  We are in the middle of the worst public health crisis in 100 years, endless civil unrest has been ravaging many of our largest cities, and we are experiencing the worst economic downturn since the Great Depression of the 1930s.  But even though more than 70 million Americans have filed new claims for unemployment benefits this year, home sales are absolutely rocking.  How in the world is this possible?

Well, this phenomenon is actually quite easy to explain.  As our society comes apart at the seams all around us, vast numbers of Americans are seeking greener pastures.  According to ABC News, the chaotic events of 2020 have caused “millions of Americans” to relocate.  In New York City alone, more than 300,000 former residents have permanently moved to new addresses.

We have never seen anything quite like this before, and it is anticipated that this trend will continue into 2021.  Even though most Americans don’t know exactly what is ahead, I think that on some level many of them can feel what is coming, and they are getting out of the big cities while they still can.

So even though we are literally in the midst of a horrifying economic depression, homes are selling like hotcakes right now

Home sales rose again in October, at their highest pace in 14 years, according to the National Association of Realtors.

But a record low inventory of available homes and a greater number of luxury homes sold have pushed the median home price up to a record $ 313,000, almost 16% more than a year ago.

With so many interested buyers and such little inventory, it has definitely become a seller’s market

At the current pace of sales, it would take just 2.5 months to clear the existing inventory — a record low.

If you want to sell your home, now is a really good time to do so.

But then good luck finding a new place.

This incredible surge in demand for housing has also fueled a tremendous boom in housing starts

Single-family starts experienced continued gains in October, according to data from the U.S. Department of Housing and Urban Development and the Census Bureau. Single-family construction is up 8.6% year-to-date, with notable gains in 2020 for the Midwest and other lower-density markets.

The pace of single-family starts in October was the highest production rate since the spring of 2007.

So even though so many other sectors of the economy are deeply hurting at the moment, those that build homes are loving life right now.

Real estate websites are also doing extremely well.  In particular, “Zillow surfing” has become a new national pastime

Zillow usage has climbed since March, with online visitors to for-sale listings up more than 50 percent year-over-year in the early months of the pandemic.

People bond over listings on Discord servers, group chats and “Zillow Twitter,” and their obsession has made many strange and obscure listings go viral. Curbed, a website covering city life, real estate and design, recently started a column called My Week in Zillow Saves, in which people (myself included) share the homes they’ve admired on the site.

If you can believe it, “Zillow surfing” has become “especially popular among teenagers”

Zillow surfing is especially popular among teenagers. A TikTok meme over the summer consisted of users talking about knowing where the bathrooms were in their friend’s or crush’s house before ever visiting it because they had toured all of their classmates’ homes on Zillow. Many young people have extensive lists of saved homes and discuss and share listings with friends.

When life is miserable, people like to daydream about something better, and “Zillow surfing” allows them to do that.

Personally, I have been hearing from so many people that have either recently relocated or that would like to move.  So many that I know are feeling an urgency like never before, because they sense that really dark times are fast approaching.

Interestingly, one of the most important things that people look at when they are thinking of relocating is the political orientation of an area.  In fact, one recent survey found that 42 percent of Americans “would be hesitant to move to an area where most people have political views different from their own”…

Forty-two percent of U.S. residents would be hesitant to move to an area where most people have political views different from their own, up from 32% in June, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s the highest share since 2017, when Redfin began posing this question to survey respondents.

Increasingly, Democrats are moving to “blue states” and conservatives are moving to “red states”.

Could this potentially have some very serious implications down the road?

I don’t know.  I am just asking the question.

For other Americans, leaving the country entirely seems like a promising option

Americans are leaving the country or seeking foreign visas in record numbers, according to immigration lawyers and expatriate organizations, during an oppressive year of political violence, racial strife and an uncontrolled pandemic that has kept families locked in their homes for months – with no clear end in sight.

As the economic suffering in the U.S. intensifies, the number of people wanting to leave will almost certainly go even higher.

With each passing day, more new restrictions are being put in place to try to control the COVID pandemic, and these new restrictions are going to make our ongoing economic depression a whole lot worse.

Already, it has become clear that another huge wave of economic pain is upon us.

The Greater Los Angeles Food Bank says that demand is up 145 percent compared to last year, and the other day people waited in absolutely massive lines for up to 12 hours at a food bank in Texas just to get some food.

Other Americans are stockpiling huge quantities of toilet paper and other supplies in anticipation of a very difficult winter.

No matter what happens with the election, things are about to get really crazy in this country.

Whatever you need to do to get prepared for what is ahead, I would do it as soon as possible.

The clock is ticking, and it appears that our day of reckoning is nearly here.

***Michael’s new book entitled “Lost Prophecies Of The Future Of America” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “Lost Prophecies Of The Future Of America” is now available on Amazon.com.  In addition to my new book, I have written four others that are available on Amazon.com including The Beginning Of The EndGet Prepared Now, and Living A Life That Really Matters. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on FacebookTwitter and Parler, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The post The Great Relocation: Americans Are Relocating By The Millions Because They Can Feel What Is Coming appeared first on The Economic Collapse.

The Economic Collapse

Mainstay Emergency Food Rations 2400 Calorie Bars, Enriched with Vitamins & Minerals (Pack of 3)