👉 Some graphics and emojies by AGelbert. 👈July 30, 2024
Money is borrowed to fund the
Warfare State, but not invested in things that protect America or support the economy.
It's not the
💰 debt, but what has been
done with it.
It has not served America.
And the same
people remain
in charge.
Tuesday, Jul 30, 2024 - 11:25 AM
Authored by Michael Snyder via
TheMostImportantNews.comThis Is What The Final Stages Of A Bubble Economy Look Like Just Before A 
Collapse Happens SNIPPETS:
How does it feel to be living on the edge of a bubble just before it bursts? Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they attempt to keep our failing economy propped up. The
😈🎩 Federal Reserve has created
trillions upon trillions of dollars out of thin air 
and pumped it into the financial system. Our politicians in Washington have been on the greatest debt binge in the history of the world, and as a result our
national debt has soared to 😵 truly horrifying levels.
When a government borrows money which must be paid back later, prosperity in the future is being sacrificed for more prosperity in the present.
We were 10 trillion dollars in debt when Barack Obama entered the White House, and now we are 35 trillion dollars 
in debt. We have literally
destroyed the bright future that our children and our grandchildren were supposed to have, but all of this borrowing has allowed us to enjoy a standard of living that is far higher than what we actually deserve.
Unfortunately, we have reached a point where economic conditions are
steadily getting worse even though our government continues to pile up mountains of new debt.
According to data from the U.S. Department of Housing and Urban Development (HUD), since the end of the pandemic, we have experienced
an average of 10% a year growth in homelessness. By the end of 2023, the U.S. hit its highest reported level in history 
since they began tracking it in 2007.
The largest populations of
homeless people are mainly in four states: California, New York, Florida and Washington. New Hampshire and New Mexico saw the largest increases in homeless people, with 52% and 50% respectively. New York came in third, moving up by 39% since the last survey.
Combined data released last month from federal agencies found the U.S. is facing
growing rates of poverty 🥵 and food insecurity.
In 2023, more than 12% of the nation was living below the poverty line and nearly 13% said they didn’t have enough to eat 😞 . Ann Oliva, CEO of the National Alliance to End Homelessness, said, “
More people are becoming homeless for the first time.” This increase is due to people
becoming un-housed faster. “They have no place to go so they end up on the streets.”
Our national debt has gone from 10 trillion dollars to 35 trillion dollars since Barack Obama first entered the White House, and
our economy is still crumbling.
This represents an epic failure of historic proportions.
We have accumulated the largest mountain of debt in the history of the world, and most of the population is still struggling.
But all of this money has created an immensely painful cost of living crisis. ... ...
In fact, most Americans are just barely scraping by. 
As I discussed last week, one recent survey discovered that
71 percent of U.S. adults are stressed out about their “ability to afford everyday expenses”… ...
71% of Americans 
say they’re stressed by their ability to afford everyday expenses.
Americans most regularly spend money on groceries, phone bills, utilities, gasoline and rent/mortgage payments.
🎋🎍
Grocery bills 
frustrate Americans more than any other regular expense. Utilities, rent/mortgage payments, gasoline and insurance payments round out the top five most annoying expenses.
Full article:
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
