28 percent of all Americans do not have a single cent of savings in case of emergency
Many people are still viewing the United States as a country where most of the population lives in prosperity. However, “The Economic Collapse Blog” released a number of facts that prove that the economic situation in United States is far from ideal.
Many people want to go to America in search of better life and to fulfill their dreams. However, the United States that was once seen as a stronghold of freedom and numerous opportunities has turned into a place where financial elites run the show and turn the country into their personal private army, Marco Maier wrote in Contra Magazine.
The money is being invested into the military apparatus and the intelligence services so that a small upper class can advance its international business. The majority of the population, however, is increasingly sinking in misery, the journalist argued.
Maier referred to “The Economic Collapse Blog” to prove his point of view and cited a number of facts that demonstrate the poor economic situation in the United States.