The potential for a truly devastating economic collapse has been real for some time.
And it is coming to America.
Though most Americans are accustomed to having shelves full of food and goods, and enough money to keep going, this sense of security is quite false.
The real economy is bottoming out, and the experts have been warning about the extreme stress in the system for some time.
Job growth has stagnated, personal and institution debt is teetering on edge and the central bank policies of the Federal Reserve have been widening the gap between artificially-boosted corporate interests… and all the rest who have been stymied by low-interest cash flowing to the top of the pyramid at zero interest (and failing to trickle down).
While the United States seems miles apart from the implosion taking place in Venezuela, looks can be deceiving. Even former Federal Reserve chairman Alan Greenspan is admitting it.
This post was published at shtfplan on June 1st, 2016.
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