The Chair Of The Federal Reserve Just Used The Term “Slowdown” To Describe What Is Happening To The U.S. Economy

Now even the Federal Reserve is publicly admitting that the U.S. economy is slowing down. And that is quite remarkable, because usually the Federal Reserve is extremely hesitant to say that an economic slowdown is taking place. As I pointed out the other day, in 2008 former Fed Chair Ben Bernanke kept insisting that a recession was not coming, but we found out later that a recession had already begun when he was making those statements. Normally the Federal Reserve tries very hard to paint a rosy picture of our economic future, and one of the big reasons for that is because they want us to believe that they are doing a good job and that they have everything under control. So it was quite stunning to hear Fed Chair Jerome Powell use the term “slowdown” to describe what is coming for the U.S. economy on Wednesday…

FedEx Is Talking As If A Global Recession Has Already Begun – And The Numbers Back That Up

“Slowing international macroeconomic conditions” is just a fancy way to say that the global economy is in big trouble. For months, I have been warning that economic conditions are deteriorating, and we just keep getting more confirmation that we are facing the worst global downturn since the last financial crisis. For the second time in three months, FedEx has slashed its revenue forecast for this year. In an attempt to explain why revenue is declining, FedEx’s chief financial officer placed the blame squarely on the faltering global economy. The following comes from CNBC

New Numbers Confirm That The Global Economy And The U.S. Economy Are The Weakest They Have Been Since The Last Recession

Even mainstream economists are admitting that economic activity is slowing down. And at this point that fact would be very difficult to deny, because the numbers are very clear. We haven’t faced anything like this in a decade, and many are deeply concerned about what is coming next. Will it be just another recession, or will it be an even greater crisis than we faced in 2008? According to Bloomberg Economics, the global economy experienced a “sharp loss of speed” over the course of 2008 and global economic conditions are now “the weakest since the global financial crisis”…

As The Economy Teeters On The Brink Of A Recession, U.S. Debt Levels Are Absolutely Exploding

We now have official confirmation that the U.S. economy has dramatically slowed down. In recent days I have shared a whole bunch of numbers with my readers that clearly demonstrate that a new economic downturn has begun. And even though stock prices have been rising, the numbers for the “real economy” have been depressingly bad lately. But what we didn’t have was official confirmation from the Federal Reserve that the economy is really slowing down, but now we do. According to the Atlanta Fed’s GDPNow model, the economy is growing “at a 0.3 percent annualized rate in the first quarter”

Sorry AOC, A Stunning New Poll Has Found That Public Support For Capitalism Is Growing In America

The meteoric rise of Alexandria Ocasio-Cortez and other young progressive politicians has led many to believe that the American public must be warming up to socialism. But what if that isn’t true at all? Certainly there is a certain segment of the population that absolutely embraces the message that AOC, Bernie Sanders, Elizabeth Warren and other socialists are preaching, but could it be possible that the American people as a whole are actually moving in the opposite direction? According to a shocking Fox News poll that just came out, the percentage of Americans that want the government to leave them alone is going up, and the percentage of Americans that want the government to lend them a hand is going down…

35 Mind Blowing Facts About America That Previous Generations Of Americans Never Would Have Believed

The only thing that seems to be constant in our society is change, and today America is changing at a pace that is more rapid than we have ever seen before. But is that a good thing or a bad thing? For a moment, I would like for you to imagine what it would be like for a group of average Americans from 1919 to suddenly be transported to our time. How do you think that they would feel about what we have become? Certainly they would be absolutely amazed by our advanced technology, but beyond that they would almost certainly have very strong opinions about the current state of our society. Similarly, if any of us were suddenly transported 100 years into the future, I am sure that we would be completely and utterly shocked by how things had changed. The decisions that we make today are going to echo long into the future, and if we make very bad decisions there might not be a future for our country at all.

The Most Depressing Stat Of The Month: The U.S. National Debt Is About To Pass The $22 Trillion Mark

The U.S. national debt is wildly out of control, and nobody in Washington seems to care. According to the U.S. Treasury, the federal government is currently $21,933,491,166,604.77 in debt. In just a few days, that figure will cross the 22 trillion dollar mark. Over the last 10 years, we have added more than 11 trillion dollars to the national debt, and that means that it has been growing at a pace of more than a trillion dollars a year. To call this a major national crisis would be a massive understatement, and yet there is absolutely no urgency in Washington address this absolutely critical issue. We are literally destroying the financial future of this nation, but most Americans don’t seem to understand the gravity of the situation that we are facing.

The One Thing That Could Almost Guarantee A Trump Victory In 2020 Is On The Verge Of Happening

The left has been salivating over the prospect of voting Donald Trump out of office in 2020, but now something has happened that could change everything. On Sunday, former Starbucks CEO Howard Schultz announced that he is “seriously considering running for president as a centrist independent”. If Schultz officially decides to run, and it looks like that is almost certainly going to happen, then a Trump victory in 2020 will become almost inevitable. Unless something dramatic takes place, Trump is going to have the support of at least 40 to 45 percent of American voters in 2020. But the key was going to be finding that last 5 to 10 percent that he needed to push him over the top. Unfortunately for Trump, he does not do well with moderate independent voters, and Democratic strategists were counting on those voters to help them beat Trump. But if a “centrist independent” like Schultz enters the race, he will inevitably steal a lot of those voters from the Democrats, and that is why the left is freaking out so much right now.

A Metaphor For America: 700 Pound Man Plans To Eat And Play Video Games While Naked Until He Dies

34-year-old Casey King is so obese that he can’t work, he has to bathe outside in a trough like a pig, and he has to rely on his father to constantly take care of him. He now weighs more than 700 pounds, but he just keeps on eating massive amounts of unhealthy food. Just like America as a whole, he has absolutely no self-discipline and absolutely no desire to turn his life around. On some level he understands that he is literally killing himself with his destructive behavior, but he does not have a desire to change. Instead, he told TLC that he “will just eat until I am dead”

U.S. Debt Poised To Hit The $22 Trillion Mark As “Storm Clouds” Indicate “We Could Have Another Financial Crisis”

The rapidly exploding U.S. national debt is about to cross another critical threshold. According to the U.S. Treasury, the debt of the federal government is currently sitting at $21,854,296,172,540.94, and at our current pace we will likely hit the $22 trillion mark next month. This is a horrifying national crisis, and yet nothing is being done about it. When Barack Obama entered the White House in January 2008, the U.S. was $10.6 trillion in debt, and so that means that we have added 11.2 trillion dollars of new debt to that total in less than 11 years. Needless to say, it doesn’t take a math genius to figure out that we have been adding an average of more than a trillion dollars a year to the national debt for more than a decade. But instead of getting our insatiable appetite for debt under control, Congress is actually accelerating our spending. At this point, there is no possible scenario in which this story ends well.

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