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The Social Security Ponzi Scheme Is Crumbling: Massive Cuts Or Tax Hikes Coming

The Social Security Ponzi Scheme Is Crumbling: Massive Cuts Or Tax Hikes Coming

by Mac Slavo | Aug 28, 2019 | Forecasting, Headline News

With only 15 years until social security runs out of money, the solution to this failure is being ignored. When the benefits do get cut, they will drop by 25% around 2034 when there are too many people using the government Ponzi scheme and not enough paying into it,...
Yield Curve Inversion Hits 3-Month Mark: This Predicated All 7 Previous Recessions

Yield Curve Inversion Hits 3-Month Mark: This Predicated All 7 Previous Recessions

by Mac Slavo | Jul 1, 2019 | Conspiracy Fact and Theory, Emergency Preparedness, Experts, Forecasting

Known among economists and Wall Street traders as a “yield curve inversion,” this economic indicator has hit the three-month mark.  When this has happened all 7 times previously, the result was an economic recession. We are now in the longest expansion in...
This Wasn’t Supposed To Happen: U.S. Employment Growth Just Plunged To The Lowest Level In 9 Years

This Wasn’t Supposed To Happen: U.S. Employment Growth Just Plunged To The Lowest Level In 9 Years

by Contributing Author | Jun 7, 2019 | Emergency Preparedness, Headline News

This article was originally published by Michael Snyder at The Economic Collapse Blog.  If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening.  According to payroll...
US Rents Climb To Fresh Record Highs Despite Slowest Price Increase In 11 Months

US Rents Climb To Fresh Record Highs Despite Slowest Price Increase In 11 Months

by Contributing Author | May 22, 2019 | Headline News

This article was originally published by Tyler Durden at ZeroHedge. U.S. existing home sales slumped for the 13th straight month in March, but the pressures on the national housing market have yet to translate into cheaper rents: To wit, average national rent climbed...
Trade War Tariffs Will Cost Americans $2000 Per Family: “There Is Going To Be A Lot Of PAIN”

Trade War Tariffs Will Cost Americans $2000 Per Family: “There Is Going To Be A Lot Of PAIN”

by Mac Slavo | May 21, 2019 | Headline News

A new report has just declared that the cost to each American family for the trade war’s tariffs will be about $2000. The tariffs could add up to a substantial tax hike on the American consumer. Although we’ve been warning that this would happen, the $2000...
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