The crashing economy

It is understandable to feel like there is an impending collapse coming. Go to these web sites and you will overdose on it.

x22report.com
zerohedge.com
dailyjobcuts.com

I will say that anecdotally though, the later half of 2015 seemed slower than normal for me. Pull into truck stops at 1000 and half the lot is filled up and waiting a day for the next load, DM automatically giving that $50 layover pay.

 

We absolutely have to get manufacturing back in this country.

The left can not continue to promise US citizens the world without finding a way to finance their plan.

If someone doesn't get on the ball soon we will see a unrecoverable recession .

 

I have seen the same remarks in a number of financial newsletters I get. The market is in a downturn and the govt as well as the 5 other major countries have been printing money like it is going out of style while interest rates are at 0 %.. Japan just created a negative interest rate and has been in recession for the past 18 years.

The housing crisis has yet to unwind and the impending credit crisis, has not begun. China and many other countries are in trouble

Factor in baby boomers downsizing, a smaller workforce to support taxes and Social Security and younger workers don't have the money to buy 200,000 houses. Saving a good cash reserve is a good idea IMO. Look what happened in Greece.

Some doom and gloom guys say the Dow will go as low as $6000. I have moved to cash in all my retirement accounts, and if the bottom falls out baby will I be ready to buy. If not I will get back in equities when I see signs of upward movement.

But I ain't sweatin it.

 

Buy products made in the USA!

A company in My hometown of Indianapolis got $5.1M in Federal stimulus money to "expand production" and followed that up by announcing earlier this week they're closing the local shop & moving operations to Mexico.

The HVAC company "Carrier" is moving due to the fact they are currently paying American workers $20p/h and workers in Mexico will do the job for $3.00 p/h.

On YouTube you can watch as the company execs tell the devastated employee's "It's just business."
http://abcnews.go.com/Business/1400...-move-indianapolis-facility/story?id=36986150

 

This is exactly why we need to impose a 30 percent tariff on all imports, every other country has them and many are higher than that.

Stupid health care act is costing a lot of companies money also.

 

But the Washington fat cats know that heads would role (possibly literally as well as figuratively) if the unwashed masses had to endure an immediate store-wide 30% price increase at Wal-Mart.

 

FEMA trains and reptilians and NWO Oh My!!
Me and mine will fair just fine come boom, bust or 4 horsemen.

Life's too short.... y'all gon' give yourselves ulcers.

 

I have no milk and bread,

will I die ??

 

I opened an online trading account and bought gold stocks. I went to a truck show once and a owner operator said he pays his truck payment by online trading stocks