The Most Accurate Economic Predictor Just Rolled Over,You Know What Happens Next - Episode 1324a
Another retailers declares bankruptcy, the trend continues as more and more retailers are ready to go bankrupt. During the holiday brick and mortar stores saw a dramatic drop in traffic. Factors order decline.
Illinois Senate overrides the Governor and raises taxes. Corporate tax revenues are flashing a huge warning sign, this predictor is very accurate and is used to predict recessions, looks like the next one is right around the corner.
Many individuals are worried because once a government official or a Fed head tells you everything is going to be ok, it normally turns out the other way around.
Yes, more bad news for retailers.
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Janet Yellen was hospitalized after saying no economic crisis in our life time
In her lifetime, and I think she's almost gone from the surface of the earth. Her last miles...
yes she must have meant her lifetime. We have had crisis in 1987, 1998, 2000, 2008. It's absurd to think there will be no more crisis, especially coming from her mouth
All is coming out of her mouth is puke, just like our governments
We can benefit by doing the opposite of what she says. No crisis means it's coming soon
Reminds me a guy named Bernanke who didn't saw an housing bubble in 2007 while it was exploding right in front of his eyes!
the best thing everyone can do now, is to buy silver and gold. Those who do not live in a house with big garden, should buy some food that can last for longer time too
Don't forget solar panels
If there is enough sunny days per year....yes, sure
Don't forget your berkey water filters and your pastor lindsey williams dvd,."please I beg of ya!"
Don't forget copper-lead-brass metals and vodka.
I better get storing the old cans of food away and water bottles. -Climbs down into bunker-
I actually don't believe most people even would take notice of so many business going belly up.
States are economically caving into a Dept spiral due to the socialist free everything type government.
32%?income tax! Think about that, almost half your damn income goes to the state!!!
That is ridiculous not to mention that you still have taxed on everything else.
Now think about that for a minute, would you go to work, Work an 8 to 12 hour shift, barely able to pay your home, hardly put food on the table and then lose 32% of your income or say the hell with it and quit, stay at home getting free EBT cards, health care and free rent?
Where does this end?
Nothing will happen, the feed has everything under control
Thanks Dave good report, I think you are so right about economy.
I've been following you for over a year but this is the first post I have seen of yours since I joined Steemit! You're spot on as always! Thanks for fighting against misinformation! Buy silver folks that's all I can say!
When 99 cent only stores are going down then we are in deep.