The United States is currently facing a crisis of epic proportion as the economic situation in our country continues to collapse. Since the end of the so-called COVID crisis, cities throughout the country have been taken over by gigantic homeless encampments, a disturbing trend that highlights the very real economic problems facing our country.
Cities Overrun by Homeless Encampments
Homelessness has been a persistent problem in the U.S. for decades, but it has reached a new level since the end of the COVID lockdowns as our country plunges forward into the economic abyss. Major cities throughout the country are now being taken over by giant homeless encampments, which are causing is causing chaos like we’ve never seen before.
From drug use, causing first responders to be overwhelmed with overdose calls to violent attacks on the public, these encampments and the addicts that come with them are wreaking havoc throughout the country.
It’s only going to get worse!
The current economic crisis in the United States is out of control with the commercial real estate market imploding, home sales plunging, rising inflation, bank failuers and now a growing number of large companies laying off workers all over America. As we’ve been covering for some time now, our economy is anything but stable and, in all likelihood, could collapse at any time.
Additionally, a significant percentage of the population is struggling with debt, with 45% of millennials and 44% of US adults aged 43 to 58 having more credit card debt than savings. Meanwhile, credit card interest rates are rising at a historic pace, with the average rate on credit card debt in the US hitting a record 24%. All the while 73% of millennials now say they are living paycheck to paycheck.
Total credit card debt in the US is set to cross $1 trillion this year, with US credit card debt jumping $61 billion in the last three months of 2022 alone, the largest quarterly jump since 1999. Since the pandemic, credit card debt has skyrocketed, with total US credit card debt up nearly $200 billion in under three years.
But if that doesn’t tell you where things are heading, just take a look at bank deposits – PEOPLE ARE BROKE!!! Since, March 1st, total bank deposits have dropped by $500 billion, the largest two-month drop in history. This is a clear indication that people are withdrawing their money from the banks due to the uncertain economic situation in the country
It’s Time to start taking this seriously!!
The economic situation in the United States is growing more dire by the day, with the country facing a perfect storm of financial and social unrest. The rise of homeless encampments is a stark reminder of the where we are heading, as millions of Americans struggle to make ends meet. The upcoming border crisis is only expected to make the situation worse, leading to even more economic instability and social unrest.
As preppers, we know that we can’t rely on the mainstream media to warn us of the dangers ahead. We must take responsibility for our own financial future and that of our families. That’s why we urge you to take action now to protect yourself and your loved ones. It’s time to prepare for the worst and hope for the best.
Our team has put together a comprehensive article on Preparing for an Economic Collapse — You can read the article here. We delve into the history of economic collapses, provide a detailed list of steps you need to take to protect yourself, and discuss what will most likely happen when the banking system inevitably goes down.
Be Prepared to Feed Yourself when the Collapse Hits!
- Best Emergency Food: The Top Survival Food Supplies
- Survival Food – 56 Long-Term Survival Foods and Supplies at the Grocery Store
- Prepper 101: Your Survival Guide to Getting Started
Grocery Options that ship right to your Home:
Very informative. Our Nation is in serious trouble. A huge thank you to President Biden. What an idiot!
What is your short term and long term prediction s for this. Off grid
I heard someone say, “We need to send the military down to the border!” Ok…..then what? What should the military do? You have a couple hundred thousand Illegals and what maybe a few hundred military personnel. Sorry, they’re heavily outnumbered.
Now a few thousand Marines COULD slow down the invasion but it wouldn’t be pretty and would get very bloody.
Yup, as soon as they start trying to come over the border you fire off a few dozen rounds over their heads. The rats scramble back over the border. If they still come, lower the aim (if you get my drift). Over course the Marxist Media need to be removed beforehand.
After the invasion is stalled, you need to start rounding up ALL Illegals and march them back over the border.
yes, the military is an appropriate response to an invasion… which this is.
more invaders with no background checks who rob our resources, abuse tax dollars which are being diverted from our schools, police, and roads, and demand education and health care for which they did not contribute. all while our idiot Congress spends money we do not have, prints more, and depletes the value of our savings, leaving us with less benefits and freedom than the invaders. The system is broken ; preparation is essential. Do not delay preparing your family, building local networks, and solidifying your relationship with God.