America’s Real Economy: It Isn’t Booming –Forbes
“All the official indicators say we’re back in boom times, with a bull market, low unemployment and steady job growth. But there is an alternative set of data that depicts a different America, where the overlooked majority struggles from month to month….But about 12% of Americans (43 million) are considered poor, and yet they are employed. They earn an individual income below $12,140 per year, and slightly more than that for a family of two. If you include housing and medical expenses in the calculation, it raises the percentage of Americans living in poverty to 14%. That’s 45 million people. At that level of income, there’s almost no way to pay for food and shelter in any sizeable American city. That means people now can both be employed and homeless….A third of the U.S. population has no savings and another third has saved less than $1,000. Two-thirds of American households are desperately scrambling to make ends meet from check to check….There are numerous ways in which our wealthiest companies could help change the course of our economy…Get involved in early education for children of employees….Fund higher education for existing employees….Businesses also should look to re-employ the long-term unemployed.”
This is What a United States Dollar Collapse Will Look Like:
Venezuelan bolivar – what can it buy you? –BBC News
“On Monday, Venezuelan President Nicolas Maduro will issue a new currency to manage the country’s runaway inflation, which the IMF predicts will hit 1,000,000% this year. The Venezuelan bolivar has become near-worthless, following a severe economic downturn. To show the extent to which hyperinflation has gripped the country, Reuters photographer Carlos Garcia Rawlins created images of everyday food and household items alongside the amount of money it costs to buy them. A 2.4kg chicken has been costing 14,600,000 bolivars (equivalent to $2.22) in the capital, Caracas. Last Thursday, a toilet roll cost 2,600,000 bolivars….Venezuelans have been stocking their homes with food before the measures take effect on Monday, amid concerns that confusion and overburdened banking systems could make trade impossible….Monday has been declared as a public holiday, the same day as internet banking operations are halted for several hours and a new set of notes with lower denominations are introduced.”
The history of the Dollar and more then 23 countries are leaving the US currency. The nails in the coffin of the US Dollar and it will effect you personally.
Admin: The Worthless U.S. Monopoly Money Will Come Flooding Back to the United States. Prepare For the U.S. Dollar to Be Only Good for Papering your wall or burning to keep you warm. Support President Trump for he desires to Join the United States to the New Silk Road to Lessen This Disastrous Collapse.
