A paradigm shift is coming. Judgment Day… is inevitable
According to the U.S. government the American economy grew at an astounding 3.8% last quarter, signaling to many that the recession responsible for wiping out trillions in wealth and millions of jobs over the last six years is finally over.
But is it?
Or have the Gross Domestic Product statistics joined the same Bizarro world within which the fabricated unemployment numbers and historic stock market highs are being used to convince Americans that the recovery is complete and boom times are sure to return?
According to the X22 Report, something just doesn’t seem right.
We’re not seeing many corporations hire here. They are laying off at this point. This is why we are seeing the retail sales completely falling. We have an unemployment rate of 5.8%, but prior years the unemployment rate was higher but we had better sales.
Somebody is manipulating the numbers… and we know who that ‘somebody’ is… it’s the U.S. government and central bankers.
In the real world, where people regularly eat food, we see inflation… and if we really calculate it out we see inflation is around 10%…when we subtract a realistic estimate of inflation, once we get even close to 10%, suddenly a negative 11% on Black Friday becomes negative 20%.
Black Friday shopping in the U.S. this year plummeted by 20% or more.
In the realm of economics a year-over-year change of this magnitude is not a plunge. It is a collapse.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
The reality is that most of us know that this is a false economy.
What most can't get through there head is that it's just another lie from his majesty.
I don't think but a small percentage have prepared for the coming collapse .
My wife is an accountant and she tells me it is impossible to recover from our situation.
When it happens , it will be a fast and furious situation.
1. no food
2. no gas
3. no money
4. no place to bury the millions
5. no law
6. no place to live for half the country.
I know it's hard to imagine this , but it will happen , what you gonna do ?
Ammo , ammo , ammo , = survival.
Like when I once went to a faith healing service and the preacher snatched the crutches away from a crippled man.Anyone care to guess what happened next?
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