5 Facts That Prove That the U.S. Economy is Currently in Far Worse Shape Than it Was During 2016
Here are five (5) facts that prove that the U.S. economy is currently in a worse situation than it was in 2016! Is there anything we can do? Yes, prepare for the unknown!
* Nearly all of the big automakers reported disappointing sales in March, and dealer inventories have now risen to the highest level that we have seen since the last recession.
* It is being projected that there will be more than 8,000 retail store closings in the United States in 2017, and that will far surpass the former peak of 6,163 store closings that we witnessed in 2008.
* The number of retailers that have filed for bankruptcy so far in 2017 has already surpassed the total for the entire year of 2016.
* The Atlanta Fed’s GDP Now model is projecting that U.S. economic growth for the first quarter of 2017 will come in at just 0.5 percent. If that pace continues for the rest of the year, it will be the worst year for U.S. economic growth since the last recession.
* In March, U.S. factory output declined at the fastest pace in more than two years.
Can a new economic Depression be far away? To learn more, including the tapping out of consumers and government revenues, go to The Economic Collapse.All signs point to something dangerous on many different level in 2017 and 2018. Blame the apathy of man or the current political climate but the point is things are not as good as they once were and, from what experts are telling us, things are not looking any brighter in the future!
Be prepared for change!
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This article really helped me hone in my survival skills! Thanks a lot….