Millions of Americans were gearing up for some huge event to
happen in September, but the world didn't end and now many of them have given
up entirely on prepping. Of course the truth is
that some absolutely earth-shattering events did take place last month, but
because September did not play out exactly as some were anticipating, a lot of
people feel very let down.
My contacts in the emergency food industry tell me that sales have dropped off dramatically, and yesterday I was told by someone that I trust that the same is true for those that sell precious metals. But this should not be happening. What we witnessed in August and September was just the warm up act, and all of the numbers are absolutely screaming at us that we are right on track for a major global crisis. In this article I am going to focus on economic and financial issues, but there are so many other things going on around the planet right now that threaten to throw our world into turmoil.
Anyone that thinks that it is safe to "relax" now is simply not paying attention.
The following are 20 reasons why all the people that quit prepping after September are dead wrong...
My contacts in the emergency food industry tell me that sales have dropped off dramatically, and yesterday I was told by someone that I trust that the same is true for those that sell precious metals. But this should not be happening. What we witnessed in August and September was just the warm up act, and all of the numbers are absolutely screaming at us that we are right on track for a major global crisis. In this article I am going to focus on economic and financial issues, but there are so many other things going on around the planet right now that threaten to throw our world into turmoil.
Anyone that thinks that it is safe to "relax" now is simply not paying attention.
The following are 20 reasons why all the people that quit prepping after September are dead wrong...
#1 U.S. exports
are down 11 percent for the year so far. The only other
times they have fallen this dramatically since the turn of the century were
during the last two recessions.
#2 Since March, the amount of stuff being shipped by truck, rail and
air inside the United States has been falling every single month on a year over
year basis. This is a clear indication that economic activity is really slowing
down.
#3 Wholesale sales in the U.S. have fallen to the lowest level since the last recession.
#4 The inventory to sales ratio has risen to the highest level since
the last recession. This means that there is a whole lot of unsold inventory
that is just sitting around out there and not selling.
#5 Industrial production declined for five months in a row during
the first half of 2015. That is something that has never happened outside
of a recession.
#6 Wal-Mart is projecting that its earnings may fall by as much as
12 percent during the next fiscal year.
#7 Don't expect U.S. consumers to rush in and save the day.
According to brand new numbers from the Social Security Administration, 51
percent of all American workers make less than $30,000 a year.
#8 And remember, there are
102.6 million working age Americans that do not even have a job of any
kind.
#9 According to Challenger Gray, layoffs at major firms have risen to the
highest level that we have witnessed since 2009.
#10 The number of job openings in the United States declined by 5.3
percent during the month of August. That was a huge plunge for just one
month
Was it 10 or 20 reasons? I'm only counting 10. Either way 10 reasons is already enough to get those back on track...
ReplyDeleteThis was pulled from the Economic Collapse Blog. FYI
ReplyDeleteYes, there are 10 more. I went to the site and read them
ReplyDelete